More Brooklyn renters from out of state, report says
October 07, 2008 12:46PM By Sara Polsky
The number of incoming Brooklyn home hunters from outside of New York State increased over previous quarters, according to a third-quarter Downtown Brooklyn report looking at prospective renters.
More would-be renters were looking to move to Brooklyn from out of state in the third quarter than in previous quarters, the report from Ideal Properties Group, a small, local residential and commercial firm, found. Twenty-six percent of Brooklyn apartment hunters in the third quarter were from out of state, compared to 20 percent in the second quarter.
Of the 26 percent of out-of-state apartment seekers, 23 percent were from New Jersey, 12 percent from Massachusetts, and 12 percent were from California. Forty-two percent of people looking to rent in Brooklyn already lived in the borough and another 21 percent came from Manhattan, according to the report, based on information from 1,211 client registration forms. The rest hailed from elsewhere in New York State or did not disclose their home addresses.
Park Slope, where 47 percent of aspiring renters were apartment-hunting, remained the most popular Brooklyn neighborhood, but Fort Greene, Clinton Hill, Prospect Heights, and Red Hook also attracted a fair amount of interest, at 36 percent combined, according to the report. Interest in Clinton Hill, Prospect Heights, and Red Hook increased over the second quarter of 2008. Meanwhile Fort Greene did not attract the same level of activity as in a quarter earlier, with a 1 percent drop to 11 percent from 12 percent.
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Comments
Anonymous
I can't believe Williamsburg didn't figure into the desired locations.
Comment #1 Posted By: Anonymous 10/07/08
Anonymous
INTRESTING THEY DID NOT INCLUDE THE NEW LOCATION WHERE HUGE PREVIOUS CITY RENTERS STARTED TO RENT APARTMENTS WHICH IS VERY ATTRACTIVE FOR THEM CAUSE OF THE GREAT PUBLIC TRANSPORTATION , WHICH IS BUSHWICK (EAST WILLIAMSBURG) SINCE I MOVED IN HERE 6 MONTHS AGO , I SEE MANY SUITABLE RETAIL STORES OPENING IN THIS AREA ,
Comment #2 Posted By: Anonymous 10/07/08
Anonymous
thats right i have moved in 2 months ago in bushwick and i am very happy , great change from the village ,
Comment #3 Posted By: Anonymous 10/07/08
Anonymous--are you a broker?
Because you certainly seem to be... Or is it just me thinking that you're trying to push Bushwick and East Williamsburg on the trendy masses out there? Villagers/East Villagers wouldn't be caught dead in Bushwick or E.Burg... I'm a former East V'ger who moved to Burg Proper back in 2004... trust me, the rest is not worth the hype.
Comment #4 Posted By: Anonymous--are you a broker? 10/12/08
Anonymous
Ideal Properties Group only rents in the neighborhoods they mentioned, hardly Brooklyn experts. They don't do business in most of Brooklyn so this is a very lop-sided story with only partial information about the Brooklyn rental market.
Comment #5 Posted By: Anonymous 07/28/09