Posted by Leonard Steinberg on April 10th, 2014 Brooklyn continues its climb in desirability with both rent and sale prices rising consistently. Inventories have dropped to a six-year low. Brooklyn apartment rents rose to a record in March and new leases more than doubled, extending a surge in housing demand that was once seen as a… [Read More]
FLOCKING TO THE CITY: IS THE CITY KEEPING UP?
Posted by Leonard Steinberg on December 6th, 2013 The United Nations projected that half of the world’s population would live in urban areas at the end of 2008. By 2050 it is predicted that 64.1% and 85.9% of the developing and developed world will be urbanized. We continue to witness this prediction in action as we see… [Read More]