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NYC L Train Shuts Down Plays Havoc On Brooklyn Rents
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31 Mar 2018 02:59 PM EST

Depending on how much of a hellish commute New Yorkers are willing to endure, the impending L-train shutdown is a bargain or a curse. Starting in April 2019, the tunnel through which the L train runs between Manhattan and Brooklyn is scheduled to be closed for 15 months. This in order to repair damage caused by Hurricane Sandy in 2012. According to the online real-estate marketplace StreetEasy, in North Brooklyn rents fell in February for a seventh straight month. The area includes the neighborhoods closest to Manhattan like Greenpoint and Williamsburg. The average rent is now at its lowest since April 2015.

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