Well it is once again the end of the year and residential rental prices find themselves at all time highs in every borough.
I went to find a one bedroom on the East Side / Upper East Side for a client who's price point was $1500. Not until 116th and 2nd ave. did I find anything close to what she was looking for. Reality check here.. I recently rented a 10x11 studio with a full bath and stove fridge combo for $1400 a month in the mid 60's by Lincoln Center. I'm not proud of the space, but the client was happy and felt it was better than her dorm room in college!
My personal goal is to find people homes where they are comfortable and can be happy on a daily basis. This year I have learned what I thing is to small a space or weird a space is perfect for someone somewhere. That being said, this time around I just want to toss some areas and numbers out here for readers to digest. I welcome comments and questions about what I write.
My newest site www.OffCampusNYC.com is drawling students from Columbia , NYU, Fordham, Hunter College, City College looking for dorm repacements so hence a selection of current 2 Bedroom apartments on the market in my system:
Queens:
Flushings 2 bedroom $1725
Jackson Heights 2 Bedroom $1750
Sunnyside 2 Bedroom $2000
Brooklyn:
Flatbush 2 Bedroom $1250
Kensington 2 Bedroom $2000
Manhattan:
Harlem (Lenox Hill) 2 Bedroom $2300 (really sweet apartment Contact me for details)
Washington Heights 2 Bedroom $1900
Midtown West 2 Bedroom $2495 (First 2 bed Apartment below 110th in my system )
Upper East Side 2 Bedroom $2795 ( Low 90's)
Midtown East 2 Bedroom $7500 (2.5 Baths)
Bronx:
Kings Bridge Heights 2 Bedroom $1150
Van Cordtlant Park 2 Bedroom $1500
Seton Park 2 Bedroom $2845
Staten Island:
N/A
If your looking for a one bedroom, maybe you should consider a roomie and halve your expenses!
To One and All Have a Happy & Safe New Year.
http://activerain.com/blogsview/312392/Renting-may-be-the
Cost-burdened renters
Florida leads the nation in renters who spend more than 30 percent of their gross monthly household income for housing and utilities. Here are the top states and the percentage of renters who pay too much for a roof over their head:
Florida 52.0%
California 51.9%
Massachusetts 48.6%
Nevada 48.1%
New York 48.1%
Michigan 47.8%
Connecticut 47.3%
Colorado 47.1%
Vermont 47.1%
Oregon 47.0%
New Hampshire 46.4%
United States 46.0%
Source: 2006 American Community Survey, U.S. Census Bureau