HUNTER'S POINT (LIC) LUXURY NEW DEV RENTALJun 20, 20221 min readUpdated: Jun 8, 2023# TAGS New Development Hunter's Point Luxury New Development $4,811 Average Price 28.8% Average Price Change YoYMay 2022Snapshot Inventory Rent Average Price Average Price Change YoY Average PPSF Average PPSF Change YoY Price By Bedroom Inventory By Bedroom
While Downtown and Ironbound remain the primary hubs for Newark’s luxury rentals, expanding development in other neighborhoods is contributing to the city’s broader growth
Over 3,000 new rentals have launched in Greenpoint since 2022 and quickly built up its waterfront skyline. Pricing and demand simultaneously grew along with it, commanding some of the highest