Gothamist: Manhattan Rents are Going Down!?

tingo

Thu, 28 Aug 2008 11:29:27 -0500

Ditch the fucking greedy, borderline criminal, lazy, totally uneeded broker leeches...post the apartments online with automated application/credit checks...and we'll be all set.

Giulia Pines

Thu, 28 Aug 2008 00:59:55 -0500

@ GuestShow Do please explain to me how not wanting (or having the ability) to pay $4000/month for a roof over your head is the same as being a "rich, greedy sucker"...?

Jen S

Wed, 27 Aug 2008 23:52:18 -0500

$3950 is 1.519 times my monthly income, before taxes.

NannyState

Wed, 27 Aug 2008 22:46:08 -0500

I love real estate types. If average rents fell to 2003 levels ( which were pretty robust ), the End of The World would be near. Relax guys, apartments are still ridiculously overpriced compared with incomes and national averages.

whantmoore

Wed, 27 Aug 2008 16:51:08 -0500

LOL does this mean people are going to move to bushwick?

Spleenhg

Wed, 27 Aug 2008 15:54:38 -0500

Stay classy, commenters!

JacqueMehoff

Wed, 27 Aug 2008 14:59:13 -0500

ahh the ole move if you don't like anything response. thankfully Pb is still available. now that's a good investment for the future.

doza

Wed, 27 Aug 2008 14:49:33 -0500

there are no ugly condos in Siberia! why to move there?

GuestShow

Wed, 27 Aug 2008 14:39:39 -0500

why is 4000$/month obscene? you rich greedy suckers always complain when you gotta give money. gimme a break. move to Siberia if you don like it.

drchadwick1

Wed, 27 Aug 2008 13:58:08 -0500

No, it says the "average rent" for a Manhattan 2-bedroom is down 6.5%. Four grand a month for two bedrooms is still obscene, of course. Anecdotally, most of the horrible new condos in my part of Brooklyn are sitting empty. Fuck you, developers -- I hope you lose your shirts.

ChampionOfTheSun

Wed, 27 Aug 2008 13:47:36 -0500

Probably just means that the really high priced stuff is coming down a bit, and doesn't affect the people who actually need lower rents.

JenChungsBra

Wed, 27 Aug 2008 13:18:18 -0500

Not a good indicator for the COO of REGNY perhaps, but good for the people who are doing the actual renting.