Brooklyn Is 2nd Most Expensive Place to Live in U.S.
Guess what! All that gentrifying has finally paid off. Brooklyn is now the second most expensive place to live in America, according to a study from the Council for Community and Economic Research that was cited in the Brooklyn Daily Eagle. Number one, of course, is Manhattan.
For those who have been watching rents in many parts of Brooklyn achieve price parity with Manhattan, this doesn’t come as a huge surprise—but still, more expensive than San Francisco? Yes, apparently, we’ve finally taken the not-at-all coveted second place spot. Even all those filthy rich technocrats aren’t enough to bump the Bay Area up to Brooklyn’s status.
Still, San Francisco is a close runner-up, as are San Jose, Honolulu, Queens and Stamford. (Honolulu has ridiculously high food prices).
The Council ranks 300 U.S. cities, based on the cost of people who enjoy “a professional-managerial standard of living.” Whatever that means. It looks at factors like housing, grocery prices, transportation and utilities.
In Brooklyn, it’s all about the cost of rent. Which is, as we all know, always going up. If you have rent control, it’s going up 3.75 percent, if you don’t it’s going up however much your landlord feels like it’s going up.
Borough president Marty Markowitz, the consummate politician, took the news with a cheerful sound bite, followed by a word of concern. “Brooklyn is thrilled that so many successful men and women, particularly in professional fields, have chosen to live here—adding to our economic diversity and making it one of the most desirable places on the planet to live, work and play,” he told the Eagle. “But we are also mindful that Brooklyn must never be a place of only the very rich or the very poor.”
Although it’s increasingly obvious that that is exactly what Brooklyn is becoming.
Whta?
Not True
Los Vegus is 2nd
Realist Jew
White folks are moving back to Brooklyn. Isn’t obvious?
cnl
Dont we know it?
cher
Brooklyn might be the 2nd most expensive place on the east coast or any place in the US outside of california but i think that any place in california is more expensive than brooklyn.
chaim
To 1 and 4
Obviously you need to do less talking ad more reading.
GadolHador
Second most expensive and #1 most disgusting.
Brooklynite
Lived in bk all my life. Rent doubled in 2008 when whites started to move back to my area Crown heights. I say move back because crown heights was gentrified in the early 1900s and was an upscale neighborhood. It then gentrified again,poor Afro carribeans made it home which caused the “white Flight” to LI. Rents doubled again in my neck of the woods this year along with property taxes. Now mostly whites live here. The average (tiny) 1 bed room is going for 2000 a month on the street i live on. Im not hating, it has gotten much safer , friendlier, and cleaner. I just cant afford to live here anymore. I guess people are starting to notice that crown heights bk has one of the best commuting options in the city, you’ve got almost every train running through ch. Too bad I have to move to the Bronx now. I love you Brooklyn!