Miller Time: Three Cents Worth: Manhattan v. Brooklyn Rental Smackdown

[This week, real estate appraiser , Curbed graph guru, blogger , and podcaster Jonathan Miller does some rental 'rithmetic.] We’ve been delivering the monthly rental news that vacancy is falling and rents are high , but I also thought I’d show the relationship between Manhattan and Brooklyn. Admittedly I am comparing all of Manhattan with what we call the North and Northwest regions of Brooklyn, but it’s the trend I am after (the trend is your friend), plus I’m still working off my Thanksgiving spread. I compared the monthly median rental price (face rent) for Manhattan (teal) and Brooklyn (purple) from January 2008 to October 2008 and simply trended the difference (pink).

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