Rental of the Day: 428 3rd Street
We quite like this two-and-a-half bedroom rental at 428 3rd Street in Park Slope. The details and the layout are quite agreeable, and the kitchen looks pretty nice to us too (though Mr. B won’t like those new cabinets, we suspect). The price was reduced from $3,400 to $3,250 just a few days ago, a…
We quite like this two-and-a-half bedroom rental at 428 3rd Street in Park Slope. The details and the layout are quite agreeable, and the kitchen looks pretty nice to us too (though Mr. B won’t like those new cabinets, we suspect). The price was reduced from $3,400 to $3,250 just a few days ago, a point that may not be too far off the mark.
428 3rd Street [Level Group] GMAP P*Shark
I really don’t understand why everyone is piling on Tybur6.
As far as I can see, he’s not questioning either NYC’s desirability nor the fact that housing here will command a premium. What he is questioning is the amount of that premium and the drivers behind it. Perhaps it is due purely to the law of supply and demand. It might, however, be due to onerous regulations (land use, building codes, high level of MIMBYism here, landmarks law, etc.).
It is a legitimate question to ask and investigate, for anyone interested in the long-term health of this city.
i will say tho, you can actually buy co-ops in the bronx (even safe parts of the bronx) and some parts of queens / long island border for as little as 80K. i guess that is expensive tho for what you get, but you still have good subway access and stuff.. it’s just crummy that all the good stuff is ABSURDLY overpriced and everything in general is overpriced. 13 dollars for a pack of cigarettes? wtf?
*rob*
give it time. a few big terrorist attacks and rents and prices will come tumbling down, fast. not that i wish that, but at least that’s the silver lining of the probable inevitable.
*rob*
“plus my dog loves NYC, so that keeps me here. i have no problem paying high rents to give him a better quality of life.”
A while back you said you did not bond too closely w/your dog. Now you say you are here for him. Which is it?
Law of diminishing returns…
no one was whining.
*rob*
I don’t think it’s fair to compare NYC to foreign cities…. it’s apples and oranges.
According to Forbes, New York City is the #1 most expensive city in the United States. New York, then L.A., then Honolulu. It’s more expensive here than effing HONOLULU! An island in the middle of the Pacific Ocean!
“New York City is the most expensive place to live in the U.S., and the eighth most expensive place to live in the world–a six-figure income will still only give you middle-class status. Just to put that into perspective, making $123,000 a year would buy you the same standard of living as someone who makes $50,000 in Houston, Texas, according to the New York Daily News.”
It’s the feedback loop feeding itself… desirability has long died as a reason for the high costs. Now it’s just expense begets expense. Why does it cost a million times more to build a house in Brooklyn than in Cleveland? Because it’s more desirable? No, because everyone is adding their mark-up. And it’s spun out of control.
“if you dont make at least 100K that you should up and move to oshkos wisconsin”
I think it was more ‘move or stop whining’ than just ‘move’.
In other words, it’s unreasonable to want the benefits of NYC without having to pay higher costs.
We are the haters because we love where we live. You aren’t a hater because you’ve announced over the years that you hate pretty much everything.
Only in *rob* world.