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Brooklyn retail rents are “starting to flatten”: REBNY

Retail rents in Brooklyn are dropping throughout a majority of the borough’s prime neighborhoods, according to the latest report from the Real Estate Board of New York. REBNY analyzed 17 corridors in the borough in its biannual Brooklyn Retail Report and found that average asking rents for ground floor retail had decreased year-over-year in 10 of them and increased in only five of them. Overall, more established areas in Brooklyn have been seeing rents soften, […]

from The Real Deal New York http://bit.ly/2vjnnLf

#SkylineProperties #TheRealDealNewYork #Uncategorized

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