Rents zoom in Bushwick, says survey
If, even 10 years ago, someone said that Bushwick would be the Brooklyn neighborhood with the greatest increases in rent during a two-month period, that person’s sanity would have been severely questioned, since Bushwick was just beginning to recover from being a burned-out, crime-ridden slum.
But that is precisely what is happening now, according to the MNS Brooklyn Rental Market Report for February 2013, just issued.
The report shows that from December to February, the rental prices of studio apartments increased 15.42 percent, one-bedrooms in Bushwick went up 21.43 percent, and two-bedroom apartments there rose 22.75 percent.