Gothamist: NYC Apartments: The Good and the Bad

FRANK HARVEY

Tue, 09 Jan 2007 13:21:56 -0500

two bedroom, one bathroom

val

Tue, 27 Apr 2004 18:21:56 -0500

so depressing... i don't even know how to start looking to buy... so i pay $2000/mo in rent - OUTRAGEOUS!

Beth

Sun, 25 Apr 2004 16:26:19 -0500

I'm 22 years old and I can't even imagine what'll happen to the market by the time I'd consider buying property. Brooklyn it is for now ...

rainman

Wed, 21 Apr 2004 15:40:04 -0500

Erin, That's supposing that you get an apartment near the corner of Grand and Essex. Some of those Village Co-ops are DEEP in the LES. Then the only transportation near them are the buses and the M22 doesn't run too well late at night. By the 2000 census, that neighborhood has the most car ownership in the whole borough.

Erin

Tue, 20 Apr 2004 12:18:58 -0500

Jake, if you are looking to buy downtown, check out Co-op Village on Grand Street on the LES. It's the most affordable location downtown, it's close to East River Park, and serviced by the F, J, M, Z trains and the 14A bus. You can check out pricing at www.lohorealty.com. I moved here last May, and I'm paying $300 less a month (mortgage plus maintenance) than when I was renting in a rent-stabilized smaller apartment in the East Village.

yojimbot

Mon, 19 Apr 2004 18:53:51 -0500

for the most part it is...you have to see it in context. plus id pay 200k for a two bedroom no matter what the bldg looked like.

Tim

Mon, 19 Apr 2004 18:30:51 -0500

As if being affordable housing excuses it ugliness! Affordable housing can be sensitively designed, too.

yojimbot

Mon, 19 Apr 2004 18:06:57 -0500

is called affordable housing tim and besides,you should see the interiors.

Tim

Mon, 19 Apr 2004 17:48:29 -0500

Ugh. That Harlem development is a monstrosity. Why do people love bricks so much that any awkwardly-proportioned hulk can be acceptable, as long as it's clad in brick?

yojimbot

Mon, 19 Apr 2004 16:29:56 -0500

also visit the HPD website to see what low cost housing in going up in the 5 boros.

Michael

Mon, 19 Apr 2004 14:21:21 -0500

But at least up there you have a subway that (a) runs at night and (b) goes somewhere useful. Here in DC we have to suffer midnight closings (at most stations) and crappy service. Not to mention trains that pretty regularly catch fire during rush hour.

yojimbot

Mon, 19 Apr 2004 13:30:03 -0500

look at www.bradhurstcourt.com harlem on the rise!

E*

Mon, 19 Apr 2004 10:04:29 -0500

Thanks *so* much for this post, gothamist! I will be starting NYU this fall and have begun looking at housing ads to get acquainted with prices. These links are a godsend!

King Hippo

Mon, 19 Apr 2004 09:22:47 -0500

I think the key is to start small. Instead of paying rent in Manhattan, look into purchasing an affordable condo or co-op in the outer boroughs. At least that way you're building equity in an asset that appreciates in value instead of giving your $$ away to the landlord. Then in a couple of years, you can sell the small place, and use the proceeds as a down payment for a larger place. I had a friend who bought a 1BR co-op in queens for around 40-50k in 1999, and now similar co-ops in the area are going for 120k-150k.

jake

Mon, 19 Apr 2004 09:06:24 -0500

i've been feeling depressed about real estate all week. i mean, it seems like even if you make a shitload of money, you still aren't going to be able to buy a decent apartment downtown. i don't want to move to brooklyn, or some industrial area like LIC, so that leaves me pretty much shit out of luck. i guess i'll be living in this 400 sqft box for the rest of my life.