![]() “To have the median price grow that much, and no one else grow that much speaks to the change in Brooklyn. “There is no better way to speak to how Brooklyn has changed since the financial crisis,” says appraiser Jonathan Miller, who compiled the Elliman report. Though Manhattan did tremendous business in the third quarter, and Queens did, too - the median in Queens is $450,865, a 14.1 percent jump from the same period in 2014 - Brooklyn is the only borough to best price records set in the heady pre–Lehman Brothers days. The median price of a Brooklyn apartment is now at an all-time high of $676,250 - up 15.1 percent from the year before. ![]() After a spate of new real estate market reports, Brooklyn can now definitively say: “What’s good, Manhattan?”Īccording to the Douglas Elliman survey, it’s been a record-breaking last three months for Brooklyn and, to a lesser but still significant extent, Queens real estate. The application interface will appear and can be toggled at the top of the screen.For as long as there have been rivalries, Manhattan has often been presented as the place where people would rather live, and the other boroughs honorable mentions that will do nearly as nicely. ![]()
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