Queens' rental prices are catching up to Brooklyn's — and surpassing them.
The ascendance of Queens has been a common refrain for more than a year now. Last month's rents — particularly for the "hot" northwest part of the borough that includes Long Island City and Astoria — show that Queens is no longer necessarily cheaper than Kings County.
Queens' median rents jumped 30.7 percent from the same time last year to $2,905 a month for January, according to a report from Douglas Elliman released Thursday.
That was $4 above Brooklyn's median rent, which rose 2.5 percent to $2,901 a month.
8 comments:
With this large rent increase do developers still need the 421a tax abatement ?
Who wants to pay that much to live next to a bunch of illegals and jerk off liberals? Illegals, liberals and high property taxes are making living more expensive. Im glad I moved out of nyc a couple of months ago but I still keep up with this site because I love queenscrap! I was born and raised in Queens so my heart will forever be with it but I had to flee it for a cheaper place to live.
Well i guess we don't need all that affordable housing.
What is the most expensive and least expensive part of Astoria ?
That's because third worlders and illegals will pay anything for a hideout and solid folk will do the same to escape nabes in Brooklyn like East New York. Of course the landlords do well in any case.
Does this mean any of the "over-development! nobody wants to live next to the river (Flushing or East)" people will rethink their assertions?
Nope. Not a one.
And they'll think I'm a realtor! hahahaha.
How many families live in each unit?
Anonymous said...
"I had to flee it for a cheaper place to live."
Where did you go ?
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