Albany is currently debating rent reforms to help solve the ever-worsening affordable housing crisis in NYC, and two new reports show that apartment rental prices have reached historic highs in Brooklyn and Queens, with the exception of North Brooklyn, and retail rents are dipping in Williamsburg while rising in Greenpoint.
The StreetEasy Q1 2019 Market Reportshows that rents “in Brooklyn and Queens reached all-time highs of $2,608 and $2,173, respectively.” A 0.5 percent decrease in…
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