As New York's real estate market cools, Brooklyn neighborhoods stay hot for buyers and renters
January 26, 2019 at 13:00 PM EST
New York City's real estate market has been cooling, and a side effect of that is the gradual nudging down of rental prices in hot neighborhoods. In Brooklyn, which for years has seen torrid growth and soaring rents, the average rent has fallen year over year, according to data from Rentcafe.