Quote:
Originally Posted by Crawford
In the NY and Chicago areas, the suburbs performed better than the city centers during the pandemic, but the difference was pretty modest. In NY metro, Kings (Brooklyn) was actually the highest performing county, though NY County (Manhattan) was the lowest performing county. In Chicago, Lake County was the highest performing county, and I think the lowest performing was some western exurban sprawl county.
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This validates some anecdotal observations I had about Brooklyn. Through the summer it seemed much closer to normal than Manhattan. But, I am starting to notice a lot of rental vacancies in the buildings around me. As of July or August, this was an area that still had rental price increases. I doubt that's the case anymore, though.