Bubble Wrap
Entry
They Love (the New) Brooklyn
The NYTimes describes a new breed of Brooklyn renters looking for Manhattan-like apartments and finding it in Brooklyn. These renters have saved many developers from the over supply of new condos.
While condominium developers across the country are trying to unload thousands of apartments that they can’t sell, some builders in Brooklyn have found the real estate equivalent of a golden parachute. Having turned their new units into high-priced rentals, they have found a surprising number of eager takers.
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posted about 17 months ago
