Between 2002 and 2014, New York City rents saw meteoric increases in many neighborhoods, topping 45 percent (adjusted for inflation) in northern Brooklyn and northern Manhattan. But amidst the overall trend toward gentrification, three neighborhoods actually saw rents drop over those 12 years.

According to data from the Community Service Society of New York, rents in two Brooklyn neighborhoods declined when adjusted for inflation, 1 percent in Canarsie and 3 percent in Bay Ridge. The South Shore of Staten Island saw ...

The Lower East Side, one of the city’s most storied neighborhoods, has long been an overlooked corner of the Manhattan residential sales market. But it finally seems to be coming into its own as the new-development pipeline pushes asking prices past the $2,000 per-square-foot barrier in the luxury segment. Recent condominium closings in the area were between $1,400 and $1,600 a square foot.

The Lower East Side saw just two new development units sold in the first quarter of the year, ...

In their quest to find new land, developers in Miami are looking north.

The latest project in the planning stage in North Miami Beach are two 32-story towers near Maule Lake, which feeds into Biscayne Bay.

The 4.5-acre, $315 million development — called the Harbour — will have 425 luxury condo units, a marina and an “Aqua Club” that will offer kayaking, sailing, scuba diving and other water sports. The project has an address of 16385 Biscayne Boulevard.

By building in North Miami ...