Rentals of the Day: Burg Share Edition

wow, sucks to be a renter right now...

Posted by: guest at November 15, 2007 1:07 PM

Wow. I hate paying $1450 for my garden floor-thru. (My landlord calls it a one-bedroom but I think of it as a studio with a wall that separates the rear third from the front.) But once you've already spent $12- $15,000 a year in rent, what's another three-to-five grand to not have a roommate?

Posted by: guest at November 15, 2007 1:23 PM

The rental market is not as bad as those listings would indicate. Fact is you can easily find, especially direct from owners rather than agencies, your own apartment for not much more than these frat houses.

I think those prices represent the desire to go straight from mom to having a "cool pad" with "city views" and building facilities and all that, but not being able to afford it. So the idea of living like a cheapo version of mtv real world is probably exciting.

It must be an age thing. At 19 to 23 I wouldn't mind. After 30, having to live like that means you are either gay and in denial or you're just a loser.

Posted by: guest at November 15, 2007 1:28 PM

I know people living in williamsburg and greenpoint paying half that.

Posted by: guest at November 15, 2007 2:19 PM

"...or you're just a loser."

Nothing wrong with 'loser' status so long as you have a long term agenda. Sometimes you gotta step down to step up. Keeping up with the Jonses has a lot of people in trouble right now.

Posted by: guest at November 15, 2007 3:18 PM

@15. Right on.

I live in a share situation. I have ALOT of space. Every month I put money away. My savings/retirement does not depend on the real estate market. My housing has no hidden expenses. If I ever need to leave the city quick, I'm out, pronto.

I make a reasonable income and have never had anyone fault me for my situation once they see the amenities and savings it allows.

Call me a loser, but I'm not tied to this city, a piece of property, or even a job because of my situation.

Posted by: guest at November 15, 2007 3:31 PM

2:19... i don't know people paying less. i own, but there are a number of 20 something renters in my office. most living in williamsburg or greenpoint. 2 lived in the area and got priced out of their apt which was a makeshift 2 bedroom because the landlord jacked the rent $500 per month so that this maybe 600 sq foot place is now just under $3000 per month. both stayed in the area although i know for a fact that they are paying around $1300 each for just a share.

another friend pays about $2500 for a crappy one bedroom on bedford.

rent is very high right now. maybe some people are locked into rent control or a long term situation, but for many, it's tough.

Posted by: guest at November 15, 2007 3:34 PM

I pay $1400 for a nice 2BR in greenpoint. These prices are crazy as is anyone willing to pay them.

Posted by: guest at November 15, 2007 3:41 PM

I know people who live in prime park slope who pay less than $1000 for shares. And for a large apartments as well.

Posted by: guest at November 15, 2007 4:17 PM

most 20 somethings want to live in williamsburg not park slope unless they are in a very serious relationship or, they are very serious. there is way way more to do in williamsburg. and it's so close to the LES.

especially for people in the music biz or following the indie music scene. you can see a lot of bands without ever leaving williamsburg. also, small article in the Post today about Martin Scorcese's daughter buying in williamsburg. it has a panache that is different from other brooklyn hoods.

personally, i have lived in both neighborhoods and williamsburg is just flat out more fun and convenient. i'm married in my 40's with a kid, and i like williamsburg better too because of the fun factor.

if you don't like to go out, then sure, PS is ok., but if you do, it's an expensive cab ride home.

also, really, $1000? really? I was paying $1300 for a share in Prospect Heights eight years ago.

Posted by: guest at November 15, 2007 4:35 PM

You can find good deals on apartment shares in greenpoint but not in williamsburg. Williamsburg rents are just completely out of control. Also if you don't mind living with a few people you can find a loft in greenpoint that is reasonable.

Posted by: guest at November 15, 2007 4:43 PM

"$1300 for a share in Prospect Heights eight years ago."

Wow, you were being seriously reamed.

Posted by: guest at November 15, 2007 4:59 PM

I just moved to NY, today in fact, and Im looking for a rental place in the East Village, LES, or Williamsburg. Been following craigslist for a couple of weeks now and most low quality shares oscillate between $1250 and $1500.

Are these prices unreasonable? Whats a good price for new construction 2 bedroom? A studio?

Posted by: guest at November 15, 2007 8:26 PM

im 4:17...

I live in park slope and even though I am in a relationship and share a small 1bed with my gf its still a great place to live. I however could not afford it if I didn't live with her.

I do have friends that live throughout park slope and there are tons of bars and music venues. Union Hall, Southpaw, Issue Project Room and the Yard have a huge range of stuff and attract some great acts. Although the last two are in gowanus they are close enough to walk. The Bars also are good and have cheap beer (black sheep on 5th ave at bergen have pictures for $8 until 8pm every day.)

it also only takes me around 15-20min to get to grand st from the 7th ave stop and cab rides form the LES cost about 15 bucks. Im not saying its the greatest place to live and its not the cheapest but you can find a 3 bedroom for $2800-3200 relatively easy on 5th and for less on 4th ave. And if you live close to flatbush you have access to every subway you need. I know 3 groups of people who are doing just that.

Posted by: guest at November 15, 2007 9:06 PM