Ungrand on Grand: $2,200 a Month for That?

building
We’ve been watching with a mix of horror and resignation as this build has gone up over the past year. No point in belaboring its aesthetic shortcomings, though it never ceases to amaze us how developers persist is picking such butt-ugly types of brick. Now it will be interesting to watch as these 650-square-foot one bedrooms rentals languish on the market at their monthly asking price of $2,100 to $2,200. With similarly sized one-bedroom brownstone floor thrus in the area renting for $1,400 to $1,500 a month, it’s hard to see where the demand for these soulless places will come from.
309 Grand Avenue [Prudential Douglas Elliman] GMAP

By Brownstoner |