4 ms·
Maybe in Manhattan, but Brooklyn is booming – apartments are being snatched up in days and rents seem to be trending towards all time highs right now. "New York
by switz 5y ago
Maybe in Manhattan, but Brooklyn is booming – apartments are being snatched up in days and rents seem to be trending towards all time highs right now. "New York" is bigger than just Midtown Manhattan.
I don't think we need the FUD; Manhattan (especially midtown) will be on a bit of a downswing as some companies get rid of their office space and people switch to semi-remote work, but it will survive and thrive just fine.
- delfinom 5y agoBrooklyn has been booming for some time. Hell if I had piles of money, I would never buy a property in Manhattan and have to deal with tourist hell prepandemic. Brooklyn still has 'real residents' as the majority roaming about.
- busterarm 5y agoBut New York isn't just Brooklyn either. The rest of the city and the state (especially the state) are cratering. Brooklyn, or at least the wealthy, fashionable parts can keep their heads down and act like things are great for a while but eventually poor conditions in the city will reach them. And people will leave.