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Brooklyn’s Slow ReturnBrooklyn recovered in the first quarter from its summer 2022 dip in rental rate growth, rising 0.5% YoY to 4.3% as of March. Demand was strong, with occupancy decreasing slightly but averaging a tight 98.2% in February.
Brooklyn recovered in the first quarter from its summer 2022 dip in rental rate growth, rising 0.5% YoY to 4.3% as of March. Demand was strong, with occupancy decreasing slightly but averaging a tight 98.2% in February.
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