On 01/21/2005 12:56 AM Jinxy wrote:
>"Rita" wrote in message
>news:otqvu01ek14gkoqu0k9vra2ol3esjk7llk@4ax.com...
>
>
>>On 20 Jan 2005 08:56:47 -0800, "Jim" wrote:
>>
>>
>>
>>>For anyone who lives in NYC, I'm curious to know what the apartment
>>>rental situation is like there (in general)?
>>>Regarding availability... are waiting lists common for certain
>>>buildings... common for most buildings?
>>>What would a 1 bedroom apartment (not fancy) rent for in, say, SoHo or
>>>the Lower East Side (based on a one year lease)? How about Brooklyn?
>>>Thanks for any help.
>>>Sorry if this is not the most appropriate newsgroup for this posting.
>>>
>>>
>>Apartment availability is tightest and costs dramatically more
>>in Manhattan than in the other boroughs.
>>
>>I found this info which I think is quite accurate:
>>
>>The new report is based on a sample of nearly 11,000 rental agreements in
>>Manhattan between November 2003 and April 2004.
>>
>>In that time period, the report says, the average monthly rent for a
>>Manhattan
>>studio went from $1,625 to $1,676; a one-bedroom from $2,308 to $2,310; a
>>two-bedroom from $3,231 to $3,393; and a three-bedroom from $4,403 to
>>$4,531.
>>Vacancy rates declined slightly.
>>
>>http://citi-habitats.com/press/viewarticle.php?article_id=421
>>
>>I live in Queens, in a working class neighborhood called Astoria. A one
>>bedroom here now starts at about $1,000 per month. I live in a two
>>bedroom, which was totally renovated with an exceptionally nice kitchen
>>and bath and new wood floors. Rent is $1,200 and this is a very good
>>deal. The owner of the building renovated it for her son, who then
>>decided to live elsewhere, so we lucked out. One would find few
>>apartments
>>like it for the price.
>>
>>Brooklyn has many areas, some of which such as Brooklyn Heights and Park
>>Slope, match Manhattan for rents. Other areas, not nearly
>>so desirable in the eyes of most, have rents more in line with those
>>in Queens.
>>
>>And with any of these rents mentioned, we are not talking "fancy".
>>
>>That said, not all pay these rents because we have rent stabilization by
>>which rent increases are controlled by a city board. Someone who has
>>lived
>>in the same apartment for many years will pay less than a new renter.
>>Whenever
>>a tenant moves out, the landlord can raise the rent by 15% so apartments
>>with
>>a lot of turnover have comparably higher rents, etc. That is a whole
>>ballgame
>>to be learned by a renter new to New York City.
>>
>>Finding a decent and affordable apartment in NYC may be the greatest
>>challenge
>>anyone moving here faces. It ain't pretty.
>>
>>You mentioned Soho. According to the report I quoted from:
>>
>>According to the report, SoHo/TriBeCa had the largest average increases
>>and is
>>the most expensive place to live.
>>
>>A studio there cost an average of $2,214 a month in April.
>>
>>
>>
>>
>>
>>
>>
>
>Very interesting..thanks for posting. Just curious though...I'm up here in
>Canada in a city of about 900,000. The rents for a studio or one bedroom for
>example start from about $500-700 a month. I'm not trying to compare my city
>to NY by any means, but how do people pay their rent in NY? When I read the
>cost of rent in the different areas in NY I don't get how anyone (unless you
>are weathly) can make it. What are the average wages?? On a couple of rents
>posted above, that is a whole months wages here for some people where I
>live. I did see a documentary the other night on NYC and it showed how
>people work two jobs, and that there are many shifts in a day to accomodate
>this.
>
>
>
>
For an affordable apartment, 1,650 one lives in something that has very
limited space, no view to speak of, in a building that's quite old. I
live in the suburbs of New Jersey. I have friends in New York who
constantly complain about their living conditions and the rent. It's
all about location. I have one friend who has never lived anywhere
above 14th street. She wouldn't dream of living in Brooklyn, Queens or
"perish the thought" New Jersey.
I no longer work in NYC so it's not an issue for me. But some people
would rather walk, or take a bus a few blocks to work in the city than
have a less expensive better place and longer commute.
--
________
To email me, Edit "xt" from my email address.
Brian M. Kochera
"Some mistakes are too much fun to only make once!"
View My Web Page: http://home.earthlink.net/~brian1951
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