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Rents and Demand Up in BrooklynBrooklyn’s multifamily rents recorded a steady pace of growth during the first quarter and exceeded pre-pandemic levels at $3,123 in March. Demand is rebounding, with 2022 potentially a banner year for rental construction; 14,455 units were underway as of March.
Brooklyn’s multifamily rents recorded a steady pace of growth during the first quarter and exceeded pre-pandemic levels at $3,123 in March. Demand is rebounding, with 2022 potentially a banner year for rental construction; 14,455 units were underway as of March.
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