Bringing Perspective to Brooklyn’s Rental Market

At MNS, we love to do deals that make news, like the $9.5M transaction last week for 310 North 7th Street in North Williamsburg (, but it’s also very flattering when our favorite media outlets like The Real Deal ( and the May 29th issue of The New York Times ( turned to yours truly for my thoughts on the real estate market.  In the Square Feet section penned by Times scribe Julia Satow, ‘A Rental Market Surge in Brooklyn’, I was able to contribute the following thought: “Just two years ago, buyers in Williamsburg faced trouble closing on their condominiums because banks saw the Brooklyn market as declining,” said David Behin, a partner and president of investment sales and capital advisory at the brokerage firm MNS. “There has since been a dramatic shift from stalled construction sites and concern that there was too much inventory, to significant demand from investors.” I’ve got a lot more to say on the subject, so if you’ve got questions or comments, email me here. (