Brooklyn sees a bevy of rentals list for record prices

Brooklyn sees a bevy of rentals list for record prices

It really is the borough of Kings.

Manhattan is no stranger to rental homes in the five-, even six- figure range — but across the East River, a neighbor is catching up. These days, Brooklyn is seeing a number of record-high rental listings hit the market.

Take, for example, a $40,000-a-month rental in Brooklyn Heights that listed with Sandra Cohen of Sotheby’s International Realty shortly before Thanksgiving. It’s a 4,000-square-foot condominium in One Brooklyn Bridge Park whose features include five bedrooms, a corner living room and a chef’s kitchen with Gaggenau appliances. Last month, broker Sarah Williams, the founder of SOCIETE Real Estate, listed a $36,000 spread at 130 Furman St. in Brooklyn Heights with four bedrooms — plus a private roof terrace with space for al-fresco dining and views of the Manhattan skyline. Available this June via Compass, a Greenpoint penthouse at 524 Manhattan Ave. with a triple-story living room, multiple outdoor spaces — including a landscaped roof deck — asks a cool $30,000.

Market data shows these aren’t just one-off examples. According to Brown Harris Stevens research, monthly rentals of $18,000 or more in Brooklyn have indeed seen an increase since 2021. So far this year — hardly two months into 2023 — the market has had 13 such listings with the average rent being $25,205 a month and the median at $22,000.


A peek inside the big-dollar rental at 360 Furman St., which has massive windows looking out to wide city views.
A peek inside the big-dollar rental at One Brooklyn Bridge Park, 360 Furman St., which has massive windows looking out to wide city views.
EmpireOptix

A view of that rental's open layout.
A view of that rental’s open layout.
EmpireOptix

Even the unit's sleeping quarters have picture-perfect vistas.
Even the unit’s sleeping quarters have picture-perfect vistas.
EmpireOptix

“Brooklyn is having its moment in the luxury sun,” said Compass agent David Chang, who lives in the borough and specializes in high-end rentals there. “It’s become a destination with renters moving in from the Lower East Side, the Village and Chelsea, and scooping up luxury properties.” At the same time, added Chang, limited inventory is driving rents up, and properties are being rented at or above market prices.

The rentals at Magnolia Dumbo, a luxury building on Front Street that launched in early 2022, are reflective of this mighty market presence. Jarrod Whitaker, the senior vice president of operations for RXR — the building’s developer — said that in less than 11 months, all 320 residences are fully leased for between one to two years. “We were estimating rents to be $81 a square foot but ended up getting $91,” he said. “This speaks to the vitality of the market.”

Sydney Blumstein, a Corcoran broker who has lived in Williamsburg for the last several years, said she’s personally cashing in on the Brooklyn rental market — which she describes as “on fire.” And she has experienced today’s sky-high prices for herself.

“My husband and I rented out our loft as of February 1st for the first time and are getting $24,000 a month,” she said — and StreetEasy shows that price is among the highest for a home ever rented in Brooklyn. Stretching an entire block, the 139 Powers St. property is a converted warehouse, and offers 4,200 square feet of interior space and an additional 2,500 square feet outdoors. It listed in November for a cool $35,000 per month, as The Post reported, which at that time made it Brooklyn’s priciest rental home on the market.

Blumstein said that she has seen many more pricey rentals of late in Brooklyn than she ever has before — and even at different price levels than the tippy-top of the market, these homes are still fetching higher sums of money.


Blumstein and her husband just rented out this boho-chic Williamsburg home for one of the priciest sums Brooklyn has ever seen.
Blumstein and her husband just rented out this boho-chic Williamsburg home for one of the priciest sums Brooklyn has ever seen.
Rachel Kuzma/REPN for Corcoran

The Powers Street pad was once a warehouse.
The Powers Street pad was once a warehouse.
Rachel Kuzma/REPN for Corcoran

A dining area in the Williamsburg rental.
A dining area in the Williamsburg rental.
Rachel Kuzma/REPN for Corcoran

A bedroom with beamed ceilings.
A bedroom with beamed ceilings.
Rachel Kuzma/REPN for Corcoran

A yellow-painted seating area with beamed ceilings.
A yellow-painted seating area with beamed ceilings.
Rachel Kuzma/REPN for Corcoran

“Properties that are being relisted are going for double in some instances compared with the last time they were on the market,” she said. “I’m about to list a 2,000-square-foot loft in Clinton Hill that rented for $4,000 a month, but this time, the asking price is $8,000. I have no doubt that it’s going to rent.”

The top end of the market aside, prices for Brooklyn rentals overall appear to have reached peak levels.

According to data from Corcoran, the median rent in Brooklyn was $3,695 in January 2023, up 5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} from December and 23{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year-over-year. The average rent was $4,220, a 25{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} increase compared with a year ago. What’s more, January was the 16th consecutive month of year-over-year rent growth in the borough.

In another data point, research from Douglas Elliman and Miller Samuel’s most recent rental report shows that the average rental price in Brooklyn in January was $4,165, a record high since 2008. That’s up 31.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} from a year ago, the highest increase in history for Brooklyn, said Miller Samuel president and CEO Jonathan Miller, and 23.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} above pre-pandemic rents.

“Rents are high because mortgage rates are high,” Miller said of today’s interest rate climate amid a battle against languishing inflation. “People that are priced out of the purchase market are going to the rental market, and that’s why it’s historically high.”

In addition, Miller said that new development in Brooklyn has been focused on luxury rental buildings, which drive prices up. “These buildings are highly amenitized and upscale, and that means higher rents,” he said.


A look inside the big-dollar 130 Furman St. rental.
A look inside the big-dollar 130 Furman St. rental.
Evan Joseph

The unit asks $36,000 per month.
The unit asks $36,000 per month.
Evan Joseph

An outdoor view of the home.
An outdoor view of the home.
Evan Joseph

StreetEasy economist Kenny Lee agrees. The company’s research indicates that the median rent in Brooklyn is $5,148 — 20{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} higher than a year ago. “This increase is largely driven by a rise in new luxury developments entering the market last year, which contributed to one in five new top-tier rental listings in 2022,” he said.

Examples of these swanky developments include Eagle + West in Greenpoint, featuring a co-working center and even a stage for karaoke. Meanwhile, Torre House in Brooklyn Heights has three swimming pools, including one on the rooftop with city views.

Lee said that the neighborhoods with the most top-tier rentals are Downtown Brooklyn, Greenpoint and Williamsburg — and that, at 9,446 units, current rental inventory is 30{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} below the average inventory level in 2019. That number is down just 0.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} from last year.

The ability to afford super-luxury rentals aside, Lee and other industry experts said that Brooklyn has a number of appealing qualities that make it a desirable place to live. Lee points to the greater square footage that the borough’s properties offer per dollar, compared with those in Manhattan. “They allow for more space for home offices for hybrid and remote workers,” he said.

Blumstein said the outdoor space that residents get is a big attraction. “There aren’t as many tall buildings, and you see more sky. You’re still in the city but have a slightly suburban flavor,” she added.

Speaking from personal experience, Blumstein is also a fan of the sense of community. “Your neighbors in Brooklyn are usually friendly and happy to socialize or help out if you’re in a bind,” she said. “You’re never alone trying to find your own way, and there’s a reassurance in that.”

Gardening principles | Home & Garden

Gardening principles | Home & Garden

If you love to grow shrubs, bouquets, and greens, it is a unfortunate point of lifetime you will also be contending with these not so lovable relations. Weeds, toxic vegetation and even stumps and lifeless trees can be stubborn issues, but these strategies will help you find methods that work when nevertheless protecting your cherished vegetation.

A weed is any plant-even an ornamental-that grows wherever you really don’t want it. Common weeds are speedy-escalating, resilient nuisances that not only make the yard glimpse unsightly but also steal vitamins and light-weight from other vegetation, and they may possibly host pests and disorders. But you should never immediately get to for the sprayer to deal with garden and back garden weeds. A combination of the correct. Equipment, some elbow grease and some superior outdated know how will commonly do the trick.

Weeds can be annuals, biennial, or perennial. Annuals and biennials reproduce by shedding seeds-but a one plant of some weeds can unfold by roots, stems, and seeds.

Weed seeds require gentle to germinate. Maintain the soil around your crops lined with natural and organic mulch, black plastic mulch, layers of damp newspaper, or material weed barrier.

Use edging supplies like bricks or underground obstacles of metal of plastic all over backyard garden beds to hold lawn grass and perennial weeds from creeping into flowerbeds and vegetable plots.

Solarizing the soil means allowing the sunshine do the weeding for you. Until the soil and h2o it. Lay a sheet of obvious plastic around the area, anchor the edges with stones and hold out 4 to 6 weeks. The sun’s heat will prepare dinner weed seeds and maybe soilborne diseases as very well. Don’t dig the solarized plot just before planting since cultivating will deliver buried weed seeds to the floor.

Cultivate your garden in the slide by working in plenty of compost. Rake beds or rows into the shapes you want, then mulch the surface area with newspapers topped with straw, chopped leaves or other natural and organic mulch. In spring, there will be weeds to pull and your back garden will be ready to plant.

Instead of digging out weeds and grass, smother them to loss of life with a piece of old carpeting. This process operates very best all through the hottest months of summer months. Remove the cover in the drop, dig up the mattress, and it will be ready to plant very first detail in spring.

You can toss weeds into the pile if they are youthful and have not yet bloomed, due to the fact they have no seeds that will occur back again to haunt you next year. To kill weed seeds, compost wants to heat up to 160 degrees and couple of heats ever get that incredibly hot. Just one alternative is to dispose of weeds in a distinctive compost heap, then use the finished compost only when amending deep planting holes, where by the weed seeds are buried at the very least 4 inches below the soil floor.

Do not allow soil continue being bare for any duration of time or weeds will move right in-they imagine that is their career. If you remove vegetation from a mattress, blanket the openings with mulch or plant a protect crop or a further plant.

10 ways to make a practical space look beautiful |

10 ways to make a practical space look beautiful |

More often than not an island is not only the heart of your kitchen but the heart of your home. It’s a hardworking space that’s used for both work and play – prepping dinner, working from home, entertaining friends, etc. However, amongst all its very practical qualities, it’s also prime real estate for bringing some personality and character in the form of decor to your space.

But as with anything to do with aesthetics in a kitchen, there has to be a balance with practicality. Decor can’t interfere with the everyday running of the room. So how do you style a kitchen island so that it looks beautiful, but can still allow the surface to perform all its daily tasks? We asked a few of our favorite designers for their top tips and expert kitchen island styling ideas that get this balance right. 

How can you style a kitchen island?

8 Bathroom Trends That Will Rule The Design Space In 2023

8 Bathroom Trends That Will Rule The Design Space In 2023

Loos are no extended viewed as simply purposeful locations, in which decor is definitely prohibited. As the designer place evolves and concepts are up-to-date, bogs are now staying developed as idea-dependent live configurations. These practical sections are designed with equal thought paid to their aesthetics. The most major bathroom furnishings classes that will rule the lavatory structure area in 2023 are examined underneath.

Amazing ground materials: The components utilized for flooring have progressed more than time. Marble, granite, travertine, limestone, and slate are just a handful of illustrations of pure stones that can be applied to develop beautiful floors in a lavatory. Hardwood flooring is another fantastic alternative, but it have to be thoroughly maintained to prevent warping and damage from humidity. Humidity-resistant engineered hardwood is an alternate to this.

Elegant Partitions: Any bathroom appears to be like far better with stones, tiles, and mosaics built of normal elements or glass. Significant-conclude paint and wallpaper can also be used for cladding to produce a lavish and beautiful aesthetic that can be everything from classic to contemporary.

Bathtub tubs: Large soaking tubs are lavish and exceptional for the reason that they give sufficient area for a relaxed dip. They can appear to be opulent whether or not built of acrylic, fibreglass, or solid iron, and they can give a relaxing hydromassage working experience when equipped with heating and jets.

Temperature-managed flooring: They are also getting well known as an added elegant aspect in the lavatory. Heated flooring, which can be designed with electric or hydronic units, give heat and comfort, notably in the course of the winter season months based on locale.

Lights fixtures: In any bathroom style and design, stylish lights is a essential part. A range of lighting options, like as chandeliers, sconces, and recessed lights that can produce a heat location, can be made use of to make the in general ambiance in this functional place. Dimmer switches also assist in regulating toilet lights to build a selection of moods.

Performing area-tops: Marble and granite counter tops, equally of which appear in a wide range of colors and designs, give a contact of elegance and luxury to a lavatory. These stone are also extensive-lasting, attractive, and simple to preserve.

Toilet household furniture: Bathroom home furnishings is an significant aspect of a style strategy. Persons are getting interested in luxury bathrooms mainly because they can be both equally a spa and a particular salon. For bathroom furnishings, it is really essential to select resources that can deal with the humidity and h2o. Stylish bathroom home furniture is generally made of wicker or rattan items that in a natural way resist h2o harm, and teak parts that don’t rot or decay.

Meditation place: The zen practise of chanting can also be finished in spacious bathrooms. For that reason, Japanese-model seats for solo or pair chanting is set up in the recently renovated bathrooms. 

These thoughts are no lengthier just afterthoughts in phrases of design, but alternatively modern day shows of memorabilia mixed with superior-stop furnishings and extras.

– The writer is the founder and CEO of Website page 2813
– The views of the author in this post are private and do not constitute specialist guidance of Occasions House.

5 unfashionable trends that are dating your interiors |

5 unfashionable trends that are dating your interiors |

There are some home decor trends that are timeless, and then there are others that have well and truly past their expiration date. While there’s certainly no one size fits all formula; trends are entirely subjective, after all. There are still a few, five decorating ideas to be precise, that should be resigned to the history books. 

But that is not to say that you shouldn’t have any of these home decor ideas if they truly bring you joy. Our affinity towards certain looks, materials, and colors has a lot to do with our personalities, environment, and experiences, so it is always important to choose decor that makes you happier at home, and take what the naysayers suggest with a pinch of salt.

Look Inside This Interior Designer’s Custom Home!

Look Inside This Interior Designer’s Custom Home!

There’s something fascinating about peeking into an interior designer’s home. After all, they spend each day surrounded by beautiful things, with their finger on the pulse of the latest decor trends. With that in mind, we jumped at the opportunity to talk to Dallas-based interior designer Erin Sander of Erin Sander Design about her own gorgeous abode in University Park. From a custom-designed coffee nook to a vaulted, red-brick annex that serves as a study, this is one home you’ll want to look to for inspiration!

Exterior of an interior designer's home in Dallas, Texas.

Take a peek inside this gorgeous home designed and owned by interior designer Erin Sander!

Located on a quarter of an acre in Dallas city proper, Erin Sander and her family occupy a 5,000-square-foot estate with four bedrooms and five baths. “We built it from the ground up,” Erin explains. “There was another home on the property. In this part of town, older homes with no historical relevance are frequently taken down to host a new house. So we tore the house down, and then I drew the floor and architectural plans for this house.”

Erin designed the home to be casual yet elevated, contemporary yet functional, serene with a subtle edge — hallmarks of her signature style. “Our brand design is ‘relaxed, refined luxury,’ so that was the basis as I was building this new house,” she tells us. “As I was researching different styles, the ‘Belgian farmhouse’ aesthetic really aligned with our brand and my personal aesthetic. So that’s the direction we went.”

The home is awash in natural light with beautiful elements around every corner — understated details that make a grand impact. “As a designer, there are a lot of things that draw my eye on a consistent basis, so I’m constantly getting inspiration from travels, other projects, and things out there in the design world,” says Erin of her inspiration. “There were definitely some architectural features that I wanted to make sure we incorporated, such as the long hallway that terminates in the window, with steps leading up to the second floor. I wanted to have a few moments where there was a beautiful termination, and you can see through the house.”

Long hallway with beamed ceiling and custom fixtures.

“I drew those fixtures for the space, and then an artist made those for me,” Erin tells us. “I also drew and detailed the wood for the artists to lay in that manner on the floor.”

Living room with vaulted ceiling.

“This is probably where we had to make the most choices for practicality for our family,” Erin says of the living room. “When we moved in, all of my kids were rather young. So all of these are performance fabrics. In the foreground, there’s a McGuire chair in Lisa Fine fabric.” Additionally, the coffee table is custom-covered in grasscloth, and artwork by Katrine Hildebrandt adorns the walls.

As you enter Erin’s home, the first room you’ll find is the annex. Formerly her office, the space now serves as the family study. “It’s a vaulted story-and-a-half space,” Erin says of the room. “Initially, before I had our firm in an office space here in Dallas, I officed from that space. It has great storage, vaulted ceilings, beams, and also more privacy being by itself in the eastern corner of the house.”

Erin Sander's home office.

This gorgeous space served as Erin’s in-home office but now functions as a study. “My main office is about five miles from my house, in the design district,” she says of her current office space.”

The kitchen stands out with beamed ceilings, rift-sawn white oak flooring, and pale blue accents. An oven range from French manufacturer Lacanche adds a splash of color in just the right spot. “This is one of the pivotal points that went into the kitchen,” says Erin of the high-end piece. “I wanted to insert a little bit of color, and their offerings are broad but not overly broad. Choosing that blue color for the range set the tone for the other blue accents. They also take about a year to procure, so it’s something we had to decide on very early.”

Kitchen with beamed ceiling and island with stools.

With hand-hewn Douglas fir beams and rift-sawn white oak hardwood floors, the kitchen incorporates natural materials with modern appliances. Additionally, an unlacquered brass faucet by Waterstone and a backsplash by Clé Tile offer standout details.

Fixtures in a hand-hewn brass finish, custom-made by Urban Electric Company, are suspended above an eye-catching island with deep-set planking on its sides. Stools in a simplistic Scandinavian design offer practical, easy-to-maneuver seating, and various decorative bowls offer a lovely focal point and a glimpse of Erin’s passion for ceramics.

“You’ll see a bowl of fruit in the very back,” she offers. “That’s a vintage bowl from my grandmother’s collection, and I use that frequently with styling. It’s one of my favorite pieces.” She also references the bowls in the foreground. “They are by a ceramicist out of California, Sara Kersten,” she relays. “I’ve been collecting her pieces for years.”

The countertops, made of honed marble, were an experiment for Erin. “I frequently have to advise my clients on the materiality of their countertops for their kitchens and baths,” she explains. “I wanted to use the marble so I could see the highs and lows of living with it.” Additionally, though it’s tough to spot, the café curtains are made of hand-blocked fabric by Galbraith & Paul out of Philadelphia.

Hallway in Erin Sander's home, culminating in a blue door.

An archway provides a soft entry into the kitchen, while a high-end range from Lacanche picks up the surrounding blue accents. “There are a couple of lighting pieces throughout the home that I drew and detailed, then had made by a local artist,” says Erin. “And that’s one of them.”

Boasting vintage chairs and various collected art pieces, the dining room melds an intimate space with cozy-eclectic decor for a contemporary edge. “The chairs are vintage McGuire — I love to use McGuire pieces in our work,” says Erin. “I just love the texture and the warmth that they bring. I had the seats recovered in a Peter Dunham fabric, and the art piece is from an artist named Addie Chapin. It says in Latin, ‘deo gratias.’ The tallies signify counting our blessings.”

Erin Sander's dining room.

Exposed brick and modern art lend a contemporary edge to the dining room. “The light fixture is from Currey & Company,” says Erin. “It’s a simple, good, high-low moment.”

Dining room with a view of the yard.

A collection of pewter dishes adds a dark contrast to the dining room. “They’re my mother’s pewter set,” says Erin, “and the two serving pieces on the bottom are from this great vendor in Austin, Unrefined. We get to make frequent trips to Roundtop, being in such close proximity, so that’s a vendor I found there.”

An affinity for coffee led to one of the home’s most memorable nooks — the coffee station. With a La Spaziale espresso machine (featuring walnut panels from Clive Coffee out of Portland), custom open shelving, and a beautiful backsplash from Ann Sacks’ Savoy series, the space is a go-to morning staple that’s both charming and pragmatic.

“Our family has a longstanding love for coffee,” Erin tells us, “so detailing out this coffee bar was something my husband and I enjoyed doing together. Besides being aesthetically pretty, it has some great, practical components. The refrigerator drawers on the left house all the things for morning coffee. This area gets a high level of use for us. We get beans from all over the country!”

Coffee station with open shelving.

We’re envious of this fabulous custom coffee station!

Arched entryway to room with bison painting.

A glimpse of what’s across from the coffee station showcases a photograph of a bison. “Our family has Western roots,” says Erin. “My husband and I both grew up outside of Denver. We still make frequent trips to the mountains and the West — that’s the origin of that piece.”

In the primary bedroom, a fixture from Oly Studio offers a whimsical focal point. “It’s a flock of birds, and it’s such an interesting thing to look up at every evening!” says Erin. Other standout features include vintage cabinets sourced from Juxtaposition Home in California and custom lamps from a maker in Roundtop, TX. Pale pink chairs add tranquil warmth, as does the custom-made quadrille bedding.

In the master bath, custom white oak vanities add a natural element, while hand-cut limestone floors bring in a dose of character. “We laid it in a pattern that I drew,” Erin explains, “and then interspersed this tiny blue celeste marble mosaic. The blue celeste is what’s behind that freestanding tub as well.”

Master bedroom with white bird chandelier and pale pink chairs.

Vintage cabinets, custom lamps, and a beautiful avian light fixture from Oly Studio round out the master bedroom.

Master bathroom with free-standing tub.

“We designed the master suite to really flow,” says Erin. “It has two entrances and a strong connection to the bedroom, so it all kind of lives as one.” The master bathroom is shown here, complete with a freestanding tub and custom white oak vanities.

Powder bath with ornate, arched interior window.

This moody and wonderful powder room has a charming mock window and antique French flooring from Chateau Domingue out of Houston.

Designed to make use of a variety of materials (one of this year’s prominent design trends), the home’s exterior is flanked by live oaks and potted olive trees. “We were able to have a lot that has a bit more width for this area of town,” Erin tells us, “so I wanted to create something that wasn’t all two-story. I wanted it to be a little bit more approachable. That perspective from the street of having a small courtyard of trees as you pull up was a priority for me.”

Wooden bench in the back yard, surrounded by holly trees.

A custom wood bench from David Sutherland is nestled amongst Savannah holly trees.

Exterior of Erin Sander's home, featuring the entryway.

A combination of materials — such as lime-washed brick and cedar shake — makes for a dynamic exterior.

A special thanks to Pär Bengtsson for the photography.

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For more inspiration from interiors across the South, check out our HOME FEATURES ARCHIVE.

Jenna Bratcher
About the Author

Jenna Bratcher

Jenna Bratcher is StyleBlueprint Nashville’s Associate Editor and Lead Writer. The East Coast native moved to Nashville 15 years ago, by way of Los Angeles. She is a foodie through and through and enjoys exploring the local restaurant scene bite by bite.