by Emma Davey You likely didn’t need a survey to convey what you’ve been noticing in your bank account, but here’s one anyway—Williamsburg and Greenpoint residents pay some of the highest rents nationwide, a new survey from RentHop has found. The survey specifically determined the cost by zip code.
Williamsburg (11249) comes in at the twentieth spot, commanding the highest rents in Brooklyn with a median one-bedroom rent of $5,000. Somewhat interesting that there’s a bit of…
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Greenpointers has covered Greenpoint & Williamsburg since 2007 — community boards, rezoning fights, local businesses, and the people whose lives and work give the neighborhood its character. Local news is collapsing across the country, but we're still here: independently owned, no corporate backing, no paywall. 18+ years, 280k+ monthly readers and followers, funded by the community we serve.
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A young from Asia who holds multiple degrees in architecture and is listed the top 100 young people in America to watch lives in my 8 eight unit bldg, average. She saw me the other day and said I have bad news Paul, I am moving to Manhattan. I said why? She said I can’t afford your bldg. I looked at her in disbelief. She said the landlord even offered to lower the rent to keep her but she still could not afford it. Bizzaro world. As little as 25 yrs ago the apartment went for $400. Now it is way over $4000. She said she would move to Manhattan if her boyfriend married her. Last I heard she was still in Greenpoint albeit in a much lesser apt., I guess the plans did not work out.
Corporations better start giving some serious pay increases or it will just be a transient area for mating only! Or finance bro, zero culture in tact!
It’s been fun. Guess the Oil Spill hush won.
People should not rent and let the landlords carry with their mortgages on their own and let them go bust.
As a former Brooklynite, born & raised in Park Slope, it’s horrible what Brooklyn has become. Gentrification & rezoning has turned it into a borough for the wealthy. Pretentious, out of touch trust fund kids, rich transplants, yuppies that moved from lower Manhattan post 9/11 have all contributed to it.
HAHHAHAHAA you mean we let corporate jerkoffs build more housing like everyone wanted….and the rent didn’t go down? I was told by the YIMBY morons it’s a simple matter of supply and demand, if we build more and destroy the neighborhood, it’s all good because housing will be affordable. Economics 101 told them so and they were so gullible they actually believed it.