These Neighborhoods Have the Most New Rental Apartments Coming This Year
(DNAINFO) Amy Zimmer | July 20, 2017 — New York City’s metro region is expected to see a whopping 27,000 new rental units hitting the market by the end of this year, up from the 16,000 units that opened in 2016, according to a report from search engine RentCafe.
Long Island City leads the pack with more than 3,700 units projected this year, according to an analysis RentCafe compiled for DNAinfo using data from Yardi Matrix, an asset management tool for brokers and banks.
Downtown Brooklyn came in second with more than 2,300 units expected to open, followed by Jersey City.
Several neighborhoods near Downtown Brooklyn were also in the top 10, including Fort Greene, Boerum Hill/Gowanus and Prospect Heights.
Overall, Manhattan was projected to have more than 7,000 units across Hell’s Kitchen, Chelsea, Murray Hill and the Financial District.