New York’s Kings County is likely to have the most new apartment units delivered in 2016 of any submarket in the U.S., by Axiometrics’ estimation. Some 6,073 units have been identified for delivery in Brooklyn next year as of Nov. 16, a huge increase from the 969 that came to market this year. [...]
renters are able to pay the submarket’s average effective rent of $3,823 (asking rent minus concessions), according to October apartment data.
— forbes.com
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