-
-
Ad Space
(728 x 90)
-
-
Etsy find of the week
Blogroll
-
Ad Space
(120 x 240)
-
Apartments 2009
The rents are falling?
We’ve all been hearing that rents are down, rents are down, but where are they really dipping? The main tracker of this information is the Manhattan Rental Market Report, researched and published by the Real Estate Group (tregny.com), a Manhattan brokerage. Unfortunately, no such report exists for the outer boroughs, but in some of those seemingly hot spots (like Bushwick), the rents aren’t dropping as dramatically as in Manhattan, because they weren’t so high to begin with. After reviewing the report, we talked to people who found deals in five changing neighborhoods. We opted for renters who used brokers, since (though it sometimes pains us to say anything nice about a broker) a good one has a more comprehensive overview of an area than the random owner-landlord on Craigslist. Plus, these days, brokers’ fees are less of a speed bump: Most of these folks got their new landlords to cover that cost.
NEXT Financial District
Lower your rent
Falling prices, new deals and the hottest 'hoods—take advantage of the recession now!
Time Out New York / Issue 708 : Apr 23–29, 2009
Leave a comment
-
-
- Subscribe now and save 90%!
- For just $19.97 a year, you'll get hundreds of listings and free events each week, plus our special issues and guides, including Cheap Eats, Great Spas, Fall Preview, Holiday Gift Guide and more!
-
- Time Out New York respects your privacy. We will only use your e-mail address in order to contact you regarding to your subscription and to send you our weekly e-newsletter. We will not share this information with anyone.
-
-
Ad Space
(320 x 53)
Ad Space
(300 x 250)
-
Best shops for...
-
-
Most viewed in Apartments
-
Ad Space
(160 x 600)
Ad Space
(160 x 600)
-
- Visit our sister sites:
- Time Out New York Kids
- Time Out Chicago
- Time Out London
- Time Out Worldwide
I personally feel that this isn't much of a bargain, considering the size and the quality of the place. It looks to me, this place doesn't meet much of my standards. I think these days (even with this tough, crappy economy), brokers and landlords are still a bit selfish, they're more concerned with pocketing the money, than helping tenants 'save' money. With today's market, for $3K + per month, you can get a much more desirable home - and own it!
I personally know a landlord in Manhattan..owns a few brownstones..A renter approached him asking to lower the rent by $400 since the tenant isn't making the same income. (like most of us now) He gave it to him because they know they are not going to find someone else who will be able to pay higher than $2000 a month now for any of their apartments. Those days are over!!! and will be for some time. Even the landlords are getting the clue!
Um... this apartment looks like a railroad apt, not a true 2 bedroom. Also, Greenpoint rents are WAY cheaper than those on the L train. Come on TONY... the comparison between these 2 apartments is completely pointless.