Soaring Brooklyn rents have tenants searching for more affordable apartments — in Manhattan

[hrmjustin]

PHYLLIS FURMAN

Bye-bye, Brooklyn.

With rents soaring in the "it borough," a growing number of Brooklyn tenants are throwing up their hands and turning back - to Manhattan.

The price gap between North and Northwest Brooklyn and Manhattan reached a record low of just $210 in February, according to a report released last week by Douglas Elliman.

That's put Manhattan back on the map for Brooklynites like Roxanne Alegrado.


Read more: http://www.nydailynews.com/life-style/real-estate/soaring-brooklyn-rents-tenants-searching-affordable-apartments-manhattan-article-1.1724058#ixzz2wESiECX5

[BeyondGeography]

1. How to gut New York of young people and creative people

or just regular people. Been going on for a long time, it just compounds itself.

[hrmjustin]

2. Yes this is true.

Rents are not as bad in my neighborhood but they were always high here.

[Warren Stupidity]

3. Her goal was to pay no more than $3,500 a month

That's 42,000/yr just for rent. Median household income in NYC in 2013 was $52,100.

[hrmjustin]

4. This is why you have roommates if you don make a lot of money.