Thursday, December 11, 2014

Living in… the East Village


[Random EVG photo from the archives]

The Times checks in with a "Living in" piece about the neighborhood ("The East Village Clings to a Colorful Past") … your basic primer with some history and what not.

Passing along a few real-estate fact and figures from the piece:

Though home prices are no longer cheap, the East Village still offers a slim advantage in terms of value over other Manhattan neighborhoods… The average price per square foot of a condo in Manhattan this year through Nov. 30 is $1,643; in the East Village, it is $1,562, which is about 16.5 percent higher than 2013. There are only about 33 condos on the market…

And!

[Bond New York broker] Wagner said he does not notice much difference between average condo prices in the East Village and those in Chelsea or the West Village. Studios typically run around $485,000; one-bedrooms about $900,000; and two-bedrooms about $1.5 million, with outliers in both directions. Co-ops typically cost about 20 percent less than condos, he said.
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1 comment:

  1. Scuba DivaDecember 12, 2014 at 11:24 PM

    “It’s still a mix of great, but mostly affordable, restaurants, nice and divey bars, longtime residents, drunken N.Y.U. kids and older drunks, boutiques that don’t open till noon or later, creative types and the beloved crusties,” he added, alluding to the young visitors with bedrolls and dirty clothes who have traditionally arrived in warm weather.

    To whom are these "crusties" beloved? On what planet is he living?

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