Developers who have constructed or are still constructing new apartments have found themselves in a very tricky situation in this volatile real estate market. These apartments were originally slated for sale once completed, but the financial crisis that has hit the nation has forced the developers to adapt quickly and shift from selling to renting these apartments. This has in effect created a win-win situation for thousands of young professionals who have dreamed of living in some of Brooklyn’s most sought after neighborhoods, including the trendy Williamsburg hot spot.
Eager hipsters from all over the nation have begun grabbing up these apartments in record numbers and there is no shortage of apartments to meet this demand. Peoples Choice Real Estate, L.L.C. has been fortunate enough to negotiate many exclusive deals featuring the most amazing apartments in Williamsburg, Red Hook, Greenpoint, Clinton Hill, and tons of more locations throughout Brooklyn.
“If there is an economic crisis gripping this nation, it hasn’t quite made its way to our backyard” says Malkiel Berlianshik, owner of Peoples Choice Real Estate, L.L.C. “We’ve been incredibly busy in this traditionally slow season and have been fortunate to be able to offer apartments at unbelievably low prices. The developers are happy to rent out their apartments as soon as possible and the renters are even more happy taking advantage of this “renter friendly” market.
For more information on how Peoples Choice Real Estate, L.L.C. can accomadate your rental needs, please visit our web site, Peoples Choice Rentals.
Monday, December 1, 2008
Renters in Brooklyn take advantage of Real Estate "Market Crisis"
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