We know, we know. Real estate news is kind of a double-edged sword. It’s good to stay informed, but sometimes the information about what we can and can’t afford in this city feels cruel.
According to one report by MNS, Bushwick experienced the greatest jump in price per square foot of any neighborhood in Brooklyn between quarters one and two in 2017.
For the uninitiated, price-per-square-foot (or PPSF) is calculated by taking the sale price of a space and dividing it by the amount of square feet. In the first quarter of 2017, Bushwick’s PPSF for new developments was $648. In the second quarter, which ended June 30, the PPSF in Bushwick was $779.







