Posted Feb 18, 2026, 1:45 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,199
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https://nypost.com/2026/02/17/real-e...h-new-rentals/
Brooklyn developers flooding 7 neighborhoods with new rentals — as many locals remain priced out of homeownership
By Emily Davis
Feb. 17, 2026
Quote:
Recently rezoned Gowanus is in the midst of a major rebrand, from polluted industrial site to developer-friendly hotspot. A brand-new rental tower there even secured a $25,000-a-month tenant this month.
The uptick in construction might just be following the lead of Long Island City, where keen-eyed developers flooded the market with new rentals before going all in on luxury condo towers.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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