Not-So-Bitter Renters Embrace Brooklyn
Brownstone living is no great shakes, say people profiled in this week’s Times’ real estate section cover story. The premise of the article is that there’s a new crop of Brooklynites who go ga-ga over our borough’s condos-turned-rentals because they’re much cheaper than similar full-service buildings in Manhattan. These renters say they’re not interested in…
Brownstone living is no great shakes, say people profiled in this week’s Times’ real estate section cover story. The premise of the article is that there’s a new crop of Brooklynites who go ga-ga over our borough’s condos-turned-rentals because they’re much cheaper than similar full-service buildings in Manhattan. These renters say they’re not interested in trad brownstone living because it lacks newfangled amenities, and they don’t want to buy a condo in today’s market. My peers who have their M.B.A.’s and their new master’s degrees and new jobs, they’re looking for new condos; they’re not into the traditional houses or brownstones, says a guy who rents a $2,550-a-month pad at Bed-Stuy’s The Mynt, above. This is the lifestyle we like. You cannot put a fitness center in a brownstone. You don’t have a doorman in a brownstone. Rentals are increasingly in demand, according to stats from StreetEasy that show Brooklyn rents rising 6 percent over the past year and sales prices falling 4 percent. If this is indeed a trend, one wonders how long-lived it’ll be. If more new buildings are planned as rentals rather than condos, how many developers are going to outfit their buildings with pricey condo-style trappings?
They Love (the New) Brooklyn [NY Times]
11:33 PM,
Thanks for acknowledging my coining of “bitter owner”.
best,
FGG
um I bought 10,000,000 brownstones by the time I um 6 years old and um I live in both the suburbs and brooklyn at the same time and um my stoop is better than yours and my countertops are made of um gold which is way better than granite and um today I am time traveling back to 1970 to buy all the property in brooklyn and um I just did
-P
heather, you might want to quit while you’re behind.
seriously lady. you are digging yourself deeper into the land of ignorant.
7:49, what did your parents earn 30 years ago? What was their yearly income vs. the amount of their mortgage?
I love the NYTimes. If you read the Times, and you don’t know any better, you would think that 27 year old corporate lawyers who can afford $34,000 per year in rent for a 1BR are the norm.
“polemicist,
a skilled debater in speech or writing”
-The American Heritage® Dictionary of the English Language, Fourth Edition
and your post stands as a true testament to your skills. NOT.
Although now we know. You tipped your hand, Bizarro What. Now we know your log in name.
Not that it wasn’t obvious- your immaturity and low level of communication stamps you every time. You even too stupid to realize it.
5:16
It must be hard for you that even a Neanderthal can afford to buy and a clean knuckles like you still giving away vacations to land lords. It is sad really. You must be the person who said not to buy in a down real estate market. God gave you the ability to walk upright but decided to leave with the brains of pigeon. Your post is like random street poop.
Polemicist- your profile lists you as being a real estate “consultant” living in a rental. Seems a little oxymoronic, if you catch my meaning.
I have no idea what your problem is with what I’ve posted- frankly I don’t much care. but thanks for calling me a failure at trolling- that’s a compliment. Sad to say I would be very hard-pressed to say anything positive about you. Of course I now have a pretty good idea of exactly who you are.
mediocre try at psychoanalysis – a schizophrenic sociopath is going to tell me I have a personality disorder.Stick to real estate consulting- hmm, well maybe find something else. If you were good at it shouldn’t you be a homeowner by now?
Hey, I like bxgrl’s posts, too.
And though I’ve been an owner, and currenly style myself happy renter, I love this post for creating the term “bitter owner.” Yes, they do exist.
That’s why they attack renters here. And no, it isn’t because renters are wanting housing values to halve – most are just trying to get ahead in life, and perhaps buy some day when they are ready to. And no, most likely don’t see owning as their main goal in life right now. As some have noted, there are other things many renters focus on in various stages of their lives. If you want to own, fine, but all you owners should stop with the renter-hating here – it gets old. As does the park slope hating, the stroller hating…get a life, haters.