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Bed-Stuy Rents Spiking

A new report shows that rents have risen over 6 percent from April to May.

Of Brooklyn’s 14 most popular neighborhoods, Bed-Stuy saw the largest increase in rents from April to May, rising 6.5 percent overall, says AM New York.

The report, by MNS Real Estate, found overall rents in Brooklyn up 10 percent since 2011, says the article.

But Bed-Stuy had one of the biggest jumps, with studios now averaging at $1,281, one-bedrooms at $1,680 and two-bedrooms rising to $2,170.

"There's been a lot of great retail development happening there, and there's been a big cultural scene for a while," Brie Train, a development coordinator at MNS told AM New York.

In a May Patch poll, 47 percent of readers said their .

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
MFEnrique May 20, 2013 at 12:26 am
Chris Rock said it best, African Americans are shown more 'love' for doing a 'bid' and getting outRead More of prison than to graduate school with a degree. When this 'hood mentality' starts to change, then you will see more than a trickle of AA passing advanced math courses.