Brooklyn Rental Market More Stable Than Manhattan
Good news from the New York Observer about the Brooklyn residential rental market: Evidently the smaller properties and more diversified owner base is making for smoother sailing than in Manhattan where a few large companies are being forced to offer increasingly sweet incentives: For now, most of Brooklyn’s smaller landlords are living in a world…
Good news from the New York Observer about the Brooklyn residential rental market: Evidently the smaller properties and more diversified owner base is making for smoother sailing than in Manhattan where a few large companies are being forced to offer increasingly sweet incentives:
For now, most of Brooklyn’s smaller landlords are living in a world apart from the rough-and-tumble Manhattan market, where rents are already falling in several neighborhoods, and panicky property owners are slashing rents, sometimes by hundreds of dollars, and offering any incentive they can think of to help put tenants in their units. In Brooklyn: not so much.
Have any brownstone owners had to rent out their garden apartment recently? How did it go?
Brooklyn Rent Check [NY Observer]
I guess you brushed up on your spelling since the last post, cornerbodega. Good boy. Now try learning some mathematics.
11217…if we voted him off then the whole bell shaped curve of intelligence would get a huge bump to the right.
Frsq, defensive much? I simply stated that there is a significant number of people who prefer to live in a row houses apartment, and the number of new rentals in new construction condo buildings is irrelevent to them. That shouldn’t cause great controversy, or even garner comments about blowing smoke up my skirt. My comments had nothing to do with sales figures for brownstones, either, I was talking about renters.
See 11217’s comments, he makes a lot of sense.
And this site started out talking about brownstones, renovation, architecture and historic preservation. It has morphed into more general real estate trends and observations, but the core of its readership has always been concerned about the former. A majority of people here are brownstone owners, or tenants/co-op/condo owners in pre-war buildings. Hello……most people here would prefer an older building, for lots of perfectly valid reasons that have less to do with price, and more to do with living the way they want to live.
“If Brooklyn doesn’t offer us a financial benefit to renting here, I can’t see the point in staying.”
So Brooklyn’s being prettier, less crowded, more relaxed, quieter, more friendly to small businesses and non-chain stores, more diverse, and more interesting than Manhattan has no bearing on your renting there?
Because those things certainly matter to me. If you gave me the same apartment, at the same price, in both boroughs, I’d absolutely take the one in Brooklyn. Manhattan’s overrated.
Different strokes for different folks. I love living in an old victorian. I’ve lived in big apartment buildings,, apartmentified victorian mansions and townhouses. I’ll never for for the boxy modern building- just not the lifestyle I ant. Sure living in an old building has its inconveniences- but what’s the big deal if any of us prefer one over the other? Seems to me there’s room enough and people enough both both choices. Apples and oranges I think MM said. Apples and oranges.
To whom it may concern,
Are people like Dibs regressing from just ignorant and stupid to full blown retarded?
“Living in 3000 sqf causes you to fill it up with shit you dont need.”
AND CAN’T AFFORD!!!!!!
Can we make today Brownstoner, “Survivor” edition and vote someone off the island…?
I vote Cornerbodega.
Or Hannible.
people are also realizing they need to simplify their lives. Living in 3000 sqf causes you to fill it up with shit you dont need.
And your point is????
Get back to stocking that detergent in the windows.
Retart