Is Brooklyn still the new Manhattan, or is that just Manhattan now?
New Yorkers endlessly debate the relative merits of our two most famous boroughs, and no amount of data can ever settle which is “better.” But there’s no denying that Brooklyn’s place in the city’s – and the world’s – imagination has grown mightily in recent decades.
That growth is, of course, embodied in the value of its real estate. Everyone’s heard about the borough’s rising prices, but there’s a metric that shows Brooklyn real estate’s rise even more directly: interest, embodied in the web search trends measured by Google.
The Real Deal dug into the search giant’s data portal to try to quantify Brooklyn’s rise. [more]