Checking In On 110 4th Avenue

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We checked in with the broker overseeing the rental process at 110 4th Avenue in Park Slope yesterday to see how it was going. To date, they've rented about 20 percent of the 49 units. According to a price list we saw, monthly rents range from $1,865 for a second-floor studio to $4,100 for a sixth-floor two-bedroom. The broker, who also deals with other properties in the area, said that in general the rental market in Park Slope had been weakening, saying that a two-bedroom that would have rented for $2,500 last year would now go for $2,200. Sound about right?
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