NYC rents up and income down – while Brownstone Brooklyn gets richer
The median apartment rent in New York City has risen by 75 percent since 2000, while real incomes have declined by 4.8 percent, according a report issued Wednesday by New York City Comptroller Scott M. Stringer.
Bucking this income trend, a number of Brooklyn neighborhoods are getting richer. Brooklyn Heights, Fort Greene, Williamsburg, Greenpoint, Park Slope and Carroll Gardens have had an inflow of wealthy households over the last decade or so, joining Chelsea, Clinton, Midtown, Greenwich Village and the Financial District.
Of the 43,000 additional households in the city earning more than $100,000 annually, 40,000 live in one of these increasingly posh neighborhoods.