The Urban Edge Apartment Living Blog
Musings on living in NYC... oh, and real estate too
Price-wise, the news for NYC rental apartments dwellers and seekers continues to be bad. Sure, the average cost of a Manhattan rental apartment remained “steady” for much of the summer, and there was a nice 32% jump in inventory in July, which could persuade landlords to return to the days of concessions (for example, one [...]
For the next two weeks, in an abandoned warehouse on Delancey Street, residents of the Lower East Side can get a glimpse of (fingers crossed!) the future. That’s because the folks behind the wildly ambitious dream to create an underground public park in an ancient trolley station–complete with trees, greenery, and actual “piped in” sunlight–are [...]
These days, rental apartments in certain hip Brooklyn neighborhoods are getting so expensive that young professionals and the like are being forced to move… into cheaper Manhattan! Let’s just let that sink in for a minute, shall we? It’s now less expensive (in terms of “median price”) to move into a West Village studio apartment [...]
Are tiny NYC micro apartments the wave of the future? The Manhattan rental apartment report for this years second quarter was released recently and, no surprise to anyone currently hunting for a place to live, rents are high. As in: really high. As in: almost EIGHT PERCENT higher than last year at this time, coming [...]
The Brooklyn rental market continue to set records, both in terms of rental prices that, on average, have never been higher (up 10% in 2010, and another 7% last year), as well as for the sheer number of new construction and development that’s been pouring into the market of late.
