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]
Fsrq, by that description, it’s absolutely astounding that thousands of people are living in such substandard conditions all over the city, and many of them are paying a pile of money to do it. People should be boycotting brownstone apartments and demanding to live in multi unit buildings, causing mass exoduses from brownstone neighborhoods in Manhattan and Brooklyn to the apartment buildings of the Bronx, Queens and other parts of Manhattan and Brooklyn.
Since they are not, could it be that people like living in row houses? Especially those who could afford to do otherwise? Maybe you don’t, but why rag on those who do?
Personally, living in a large multi unit building, and I have, means putting up with lobbies filled with people you don’t know or want to deal with, elevators that break down, supers of varying degrees of invisibility, competence or thuggery, fellow tenants with lifestyle habits that don’t mesh with mine, strange cooking smells, bad taste in music/tv, kids running amok all throughout the building, communal or no laundry service, peeping tom teenagers, people having loud sexual encounters at all times of day and night, garbage chutes in hallways with neighbors who don’t know how to use them, greater chance of fire, little control over heat, vermin and cockroaches.
Give me a brownstone any day.
FSRQ (or is it FSRG?);
In one sense I agree with you. However, there are many folks who rent do not want to live in an apartment building, even if they offers superior apartments. I know that my family was this way. When you live in a two or three family home, you have more of a connection to the neighborhood. You can sit on the front stoop, chat with your neighbors, etc. An apartment building, especially a high-rise tower, cannot provide this setting.
For some folks, living in a chopped-up apartment in a brownstoner or modest rowhouse is preferable to an apartment house, even if the latter offers superior room layouts and mechanicals.
“below 96th is still diverse. neighborhoods of puerto ricans and dominicans, blacks, gays, hipster/artists, etc. its not all just uws/ues families.”
Well that excludes UES, UWS, Murray Hill, Midtown, Gramercy, Soho, Tribeca, Nolita, Fidi, West Village and the East village west of Ave B.
i agree with goldie. If you drop some random suburbanite on Clinton and Stanton they would shit themselves.
however the diversity of manhattan doesnt really mean the diversity lives there. All those Nigerians on 28th street certainly dont live there.
It is always nice to hear a homeowner say ” I could always chase my tenents out and raise the rent even higher” Well you don’t have to hear what I think of people that talk like that. Can you imagine their are parisites that want both rents from their tenents and they want money from the government to help refinace their homes. Renters make your voices be heard and go to angryrenters.com
“I will not go back and forth with the Asshats.” Meaning what What? If you are going to post here you might as well mix it up with us. what else is the point of a web forum?
“but do you really want to live in an overcrowded area that is only these days filled with trustafarians, sex in the city-in-training girls, and frat rats? no. it’s just not fun, at all”
cant believe im biting the bait. one can argue bklyn bstone areas are now just boring middle-aged stroller-pushing yuppies, or dirty douchey hipsters.
below 96th is still diverse. neighborhoods of puerto ricans and dominicans, blacks, gays, hipster/artists, etc. its not all just uws/ues families.
im moving in april and currently digging around craigslist to see what I have to deal with. While prices have dropped in the east village and LES they’re still expensive and the apartments are on average small and shitty. The “fringe” areas of park slope are getting cheaper. I looked at a 4 bedroom on douglass between 4th and 3rd ave which was 2900. Two of the “bedrooms” didnt have windows but where around 10×10 and the living room and kitchen where large enough for 4 people and there was a back yard. It was no fee and i could see if it sits for awhile getting the rent down to 2700 or so.
My friends just rented a nice and pretty large 2 bedroom on 5th ave and Dean for 1950. I looked at a shitty “2” bedroom in the same building last year and it was 1850. The second bedroom was 5×6 and the place had no closets.
outrageously high rents in brooklyn are only good for people who paid outrageous prices on their brownstones and need to cover their asses with rent money.
fsrg…I’m questioning your belief in the necessity of an elevator in a brownstone for the renters. We can discuss the other issues after we’ve hashed this one out.