Mapped: Just How Much Have Home Prices Risen in NYC?
We know New York City is prohibitively expensive, but some of us are just gluttons for punishment. If you want the truth of the past decade's rising prices to jump off the page and slap you in the face, you'll love Property Shark's new mapping tool. The map uses sales from the past decade to demonstrate how median home prices in Manhattan, Brooklyn, Queens and the Bronx have changed from 2004 to 2014. Brooklyn saw the largest price increases, with East New York skyrocketing 320%, Williamsburg 260% and Fort Greene 126%, to name a few. Interestingly enough, Red Hook took a 22% dip, probably because no one wants to live in the floodplain after Hurricane Sandy. Prices also dropped in Howard Beach and the Rockaways, while Harlem and LIC increased more than 100%. [Curbed]
