Real Estate

It’s Official — Manhattan Is The New Brooklyn

March 17, 2014

Rising rents in Brooklyn are driving Brooklyn apartment hunters to Manhattan according to the NY Daily News. Not shocking since “Brooklyn culture’s” artisanal pickles, curated flea markets and an army of hipster clones at every corner have driven the cost of living through the roof.

NYDN: But fed up Brooklynites priced out of in-demand areas like Dumbo, Brooklyn Heights and Williamsburg are managing to find less expensive homes in certain Manhattan neighborhoods, such as the far Upper East Side, the Upper West Side and Midtown West.
“You can give up some amenities and get a great apartment in Manhattan on par with Brooklyn prices,” said Yuval Greenblatt, executive vice president at Douglas Elliman.

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