Friday, November 16, 2012

Stalled Brooklyn Condo Developers who successfully converted to rental bldgs

Over the past year, there have been more than few Brooklyn condo developments that have had some trouble getting sales off the ground. That, combined with a hot rental market, has prompted many to convert to rentals and the results, as you can see from the map after the jump, have been good. Not as good as, you know, selling condos, but still, there's definitely no shortage of people looking to pay $2,600 for a 2BR a subway stop or two away from Manhattan.

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