January 29, 2025
Matrix Multifamily Brooklyn Report-January 2025
Brooklyn Recalibrates
Brooklyn’s average advertised asking rents were down 0.2 percent on a T3 basis through November, mirroring the national shift. Occupancy in stabilized assets remained at a tight 98.6 percent as of October, despite a YoY drop of 30 bps and pressure from nearly 4,000 new units.
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