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January 28, 2009

Free Rent at J Condo

While we haven't heard a lot of groaning yet about the rental market (in fact news has been relatively good compared to Manhattan), eager owners are starting to do some tap-dancing for prospective renters. To wit: The J Condo is offering one month of free rent to anyone willing to sign up for a $2,400-a-month studio, according to this listing on Craigslist. Other incentives you've heard about? GMAP

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Comments

$2,400 a month studio?????????????

I'll pay you $5,000 to sign up for a $2,000 a month one-bedroom.

Posted by: daveinbedstuy at January 28, 2009 9:21 AM

Perhaps if the price weren't so inflated in the first place they wouldn't be offering 1 month free rent. 2400 for a one room studio....so not for me under any circumstances.

Posted by: bxgrl at January 28, 2009 9:33 AM

Do you realize how many people are paying 500 more dollars a month for crappy studios just one stop away in the financial district? With the free rent this works out to 2200 a month for a space with condo quality finishes. Sounds like a pretty good deal to me.

Posted by: dirty_hipster at January 28, 2009 9:43 AM

Just two blocks away at farragut you can get a place for about $300

Posted by: dittoburg at January 28, 2009 9:49 AM

Perhaps we need a "Apartment Renting For Hipsters" class!!!!

Posted by: daveinbedstuy at January 28, 2009 10:04 AM

This wouldn't work for me - too far from the wintuck hardware store.

Posted by: dirty_hipster at January 28, 2009 10:16 AM

Does anyone have any idea what pricing is like at the Courthouse Apartments (Court&Atlantic) or the Archstone building (Montague&Clinton)? I need a 1-bedroom in May around $2,000 and would like to stay in Brooklyn Heights. Are these buildings negotiating?

Posted by: fishermb at January 28, 2009 10:19 AM

fishermb - last i checked (which was 2 years ago) 1 bedroom prices were around 2,800. I wouldn't be surprised if they were 3,000 now. really nice building though.

Posted by: dirty_hipster at January 28, 2009 10:21 AM

2,400 dollars a month for a studio? Get real. Money no longer grows on trees. The government is giving it for free but it is not giving it to renters who can give it to undeserving homeowners

Posted by: hannible at January 28, 2009 10:22 AM

Hey check this out Asshats! When the dumbasses find out that you CAN live in Manhattan cheaper that Brooklyn this will be the end of the "experiment"..

2 Bedroom Stuy Town Apts on Craig's List - $2650!

http://stuytownluxliving.com/2009/01/2-bedroom-stuy-town-apts-2650-on-craigs-list.html

$2650 / 2br - SSPPEECCTTAACCUULLAARR FLEX 2 --- no fee's IT'S LIKE HEAVEN!!! (East Village)
Reply to: hous-1009693487@craigslist.org [?]
Date: 2009-01-27, 11:55AM EST

(646) 427-9494 or rentals@blackstonenyc.com

** NO FEE/NO DEPOSIT **
ALL UTILITIES ARE PAID FOR!
(1 MONTHS RENT AND YOU ARE IN!)
AMAZING CONDO FINISHES A MUST SEE

http://newyork.craigslist.org/mnh/nfb/1009693487.html

And to think that the retards are paying 2000 a month to live in the Ghetto!

You gotta love it!!!!!

The What

Someday this war is gonna end...

Posted by: Return of The What at January 28, 2009 10:30 AM

"Do you realize how many people are paying 500 more dollars a month for crappy studios just one stop away in the financial district?"

So... apartments are overpriced in Manhattan so we should be OK with the fact that they're overpriced in Brooklyn too? Plenty of those buildings in the Financial District are offering incentives like this too, as is PCV/ST (or at least they were last year).

Posted by: hermanjoshua at January 28, 2009 10:32 AM

who the heck wants to live in Stuy Town?

Posted by: dittoburg at January 28, 2009 10:34 AM

that "2 bedroom" place in stuy town is a flex. It says it in the add so its really a 1bed room with a wall cutting the living room down.

also dave, hipsters dont live in the jcondos

Posted by: Santa at January 28, 2009 10:37 AM

"So... apartments are overpriced in Manhattan so we should be OK with the fact that they're overpriced in Brooklyn too? Plenty of those buildings in the Financial District are offering incentives like this too, as is PCV/ST (or at least they were last year)."

Rents are out of control everywhere. I'm just pointing out that this may be an attractive alternative to someone paying 2800 bucks a month for a small dark studio in the financial district. Am I "OK" with it? Hell no. But this is reality. I'm sure we'll see many more interesting things this coming year, as landlords scramble to keep their buildings full

Posted by: dirty_hipster at January 28, 2009 10:43 AM

Sniff...Sniff...What's that smell? Eu de Desperation?

Posted by: InsertSnappyNameHere at January 28, 2009 10:55 AM

I was a realtor in Manhattan in 2002. Back then all the newer lux buildings, and a lot of the older high end buildings as well, were doing the free rent thing (some were giving 2 months free, some were paying brokers fee, some were doing both).

I hated being a realtor....
... so glad I got out of that.

I agree, though, $2000+ for a studio is nuts. Especially that close to the pj's.

fishermb, if you don't find a place drop me a line in a March/April or so. My family has places in the Heights.

Posted by: christopher at January 28, 2009 11:08 AM

im looking for a 2 bedroom in the park slope area and there seems to be alot for around 2200. Also the it seems that alot of cheap shit is on craigslist for the east village.

Posted by: Santa at January 28, 2009 11:08 AM

Thanks christopher, I've been in the neighborhood for 2 years but don't want to leave. I don't believe that I can find your contact info through this site, could you possibly email me (my username @ gmail)? Appreciate you reaching out-

Posted by: fishermb at January 28, 2009 11:25 AM

Santa, been to the East Village lately?? The whole place is "cheap shit."

Posted by: daveinbedstuy at January 28, 2009 11:33 AM

yeah i used to work there. However 2 years ago when I was looking to rent I couldnt find a studio under 1800.

Posted by: Santa at January 28, 2009 11:43 AM

Santa, I meant more that it was "shit" than "cheap" in the sense of low priced. I'm sure it's not low priced at all, and not a deal of any sort. All that 4 & 5 floor walk up crap in that neighborhood.

Posted by: daveinbedstuy at January 28, 2009 12:07 PM

ha ya its pretty shitty.

Posted by: Santa at January 28, 2009 12:29 PM

"this will be the end of the 'experiment'.."

LOL. Real loud.

***Bid half off peak comps***

Posted by: Brownstones Half Off at January 28, 2009 12:43 PM