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September 1, 2009
Average Rent for Carroll Gardens
Hi Brownstoners,
My wife and I live in a one bedroom in Carroll Gardens. Our lease just ended, and we want to negotiate the rent, but the landlord is stonewalling us, despite a recently moved in tenant below us paying $225 less a month than we do! I'm trying to argue our case because we love the apt, and don't want to incur moving costs. Can anyone recommend resources for finding average rent stats in CG on a monthly basis? I've seen stats for the end of 08, but that seems like it wouldn't reflect the current situation, given the fallout from the economic crisis. Any resources or advice welcome. Thanks!
Comments
i would think trolling CL for comps would give you the most up to date information.
Posted by: bowl of dicks at August 31, 2009 9:33 PM
be ready to move
Posted by: eman1234 at August 31, 2009 9:36 PM
Your only real leverage is an expressed willingness to move out. So find another apartment for lower rent, and be prepared to take it. As someone who dropped the rent considerably for a new tenant, I understand the wish by a tenant to get a market rate rent at the time of moving in. On the other hand, I haven't raised rents for ongoing tenants, so I might be disinclined to lower rents for a tenant who I think is going to stick around no matter what.
Posted by: Putnamdenizen at August 31, 2009 10:16 PM
brownstone floor thru central part of carroll gardens (bet union and place streets) runs about $2000-$2800 from what i see. south of place streets, it's a little cheaper. what part of CG are you at? seems like there isn't a lot of availability which makes negotiating a bit trickier.
Posted by: CG_ups at September 1, 2009 9:12 AM
What's the condition of the apartment below you thats renting for less?
One of our apartments we rent goes for less because it hasnt been
renovated in a dogs age and the pricier one is newly reno'ed.
You may want to know the circumstances of that "comp" in your own building,
if you dont already, before you negotiate.
Posted by: CGmodern at September 1, 2009 9:28 AM
get off your duff and go look at other apartments for rent.
That doesn't cost you anything.
Only you can determine that value relative to your own/and factoring in cost of moving,etc.
Posted by: Petebklyn at September 1, 2009 9:54 AM
Your question is useless without stating what your current rent is.
Posted by: bobbyj at September 1, 2009 10:56 AM
those 1+ bedroom floor throughs go for anywhere between 1700-2300 depending on the actual size and condition.
Posted by: kramer at September 1, 2009 11:03 AM
The estimates that have been made, do you guys think this would go for Cobble Hill too? just curious-
Posted by: lifer at September 1, 2009 11:29 AM
Thanks for all the feedback. We will definitely be looking at other apts in the area.
Our rent is 2025 and our neighbor pays 1800 for the same space. It's on First Place near Henry. The apartment has not been renovated any recent decade, although we've made some minor upgrades ourselves, unfortunately...
Posted by: ckundo at September 1, 2009 12:01 PM
Move and teach the slumlord a lesson. Whatever you do don't pay a broker fee to those othere parasites of real estae agents.
Posted by: hannible at September 1, 2009 12:11 PM
"The apartment has not been renovated any recent decade, although we've made some minor upgrades ourselves, unfortunately..."
I thought you said you loved the place?
Posted by: bowl of dicks at September 1, 2009 12:28 PM
Lot of attitude on this thread for a pretty vanilla question.
Posted by: woodys at September 1, 2009 12:39 PM
You are in luck as its a renters market:
Streeteasy listings, Carroll Gardens, 1 BRS under $2,500. There are 20 listings, Some with fee, some without. Keep in mind that the more you pay the better you'll do as far as condition and amenities.
http://www.streeteasy.com/nyc/rentals/carroll-gardens-brooklyn/no_fee:0|price:2000-2500|beds%3E=1
Craigslist listings, Carroll Gardens, 1 BRS under $2,025. There are pages of listings, Some with fee, some without. Wraning: Craigslist can unearth and occasional find, but also some real dogs.
Do your homework and get out. Your budget is do-able.
Posted by: Prodigal_Son at September 1, 2009 1:56 PM
You are in luck as its a renters market:
Streeteasy listings, Carroll Gardens, 1 BRS under $2,500. There are 20 listings, Some with fee, some without. Keep in mind that the more you pay the better you'll do as far as condition and amenities.
http://www.streeteasy.com/nyc/rentals/carroll-gardens-brooklyn/no_fee:0|price:2000-2500|beds%3E=1
Craigslist listings, Carroll Gardens, 1 BRS under $2,025. There are pages of listings, Some with fee, some without. Wraning: Craigslist can unearth and occasional find, but also some real dogs.
Do your homework and get out. Your budget is do-able.
Posted by: Prodigal_Son at September 1, 2009 1:56 PM
us land lords pay the broker now we are bitter
Posted by: bitter_bubble_buyer at September 1, 2009 5:07 PM
"Lot of attitude on this thread for a pretty vanilla question."
sorry but OP set the bitter tone to begin with!
Posted by: bowl of dicks at September 1, 2009 7:23 PM
I left my Carroll Gardens 1+BR on June 1 and the landlord dropped the rent from $2450 (he had raised it significantly from $2250 the previous Sep.) to $2200. It was a nicely renovated apt. with lots of windows and a dishwasher on a Place block one and a half blocks from the subway. I feel like I paid market rent the whole 3 years I lived there (my landlord was not missing a beat) so I guess if you look at the reduction as a percentage it might also be a good comparison for you. However, at $2025 I think you're already getting a good deal, and I agree with the other posters that you'd have to find another apt. you like as much or better to make your argument stick.
Posted by: parkslopemama at September 1, 2009 9:15 PM
We've found a couple strong candidates in the neighborhood through CL. It's still up in the air, but we're ready to move if it comes to that.
We also realize that we're not being totally gouged, but what we're asking is not unreasonable and the inflexibility of the LL and unequal treatment have left a bad taste in our mouths, and we've lost a lot of confidence and trust.
We'll see how it goes, but I have the feeling that one way or another we'll be moving soon.
Posted by: ckundo at September 1, 2009 9:52 PM
ckundo, I have a feeling I've been down the same road as you.
Move out of CG.
The landlords in that area are families who have lived there for generations and have seen their houses skyrocket in price and are looking to you as their cash cow. They haven't caught on to the fact that the binge is over. My experience was just awful, with a greedy landlord who renovated nothing and then decided with renovation they could double the price. They tried to push our family out with 3 months notice. We left, but I was ready to go to court to fight any eviction threat they raised.
Posted by: nk at September 2, 2009 4:47 PM
Wait and see what happens when the dodo hits the fan with commercial real estate. That's right commercial real estate! The homes of Carroll Gardens even though residential by law were in effect turned into 5 star hotel with what renters were being charged for rents. I feel a little-just a little sorry for those suckers that payed multimillion dollar prices for their brownies.
Posted by: hannible at September 3, 2009 9:26 AM
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