So it’s not as crazy as Soho, where prices per square foot are nearly triple ($6.23 vs $2.01 in Crown Heights). But Crown Heights just had an 18% jump in square foot prices during the last quarter. That rent rocket is on par with what we’re seeing right now in the most sought-after Manhattan neighborhoods, as the RentJuice graphic shows (above).
This comes from a report by RentJuice that provides an exhaustive amount of info on NYC rentals, organized by neighborhood. Are you are paying more than average to live in CH? Check out page 12 of the report and find out: http://static.rentjuice.com/rj_index/NYCIndex-4Q2011.pdf