Manhattan's Lower East Side continues its ascendance as the borough's hippest neighborhood: It's seeing a "significantly higher price point" and "a very different audience," especially when compared to neighboring East Village, said Jeffrey Schleider, of Miron Properties.
"The East Village is post-collegiate frat boy, where the Lower East Side is cool, artistic, fashion," he said, noting how one of the buildings they run in the area has attracted art dealers, kids of famous actors and others.
Tuesday, September 22, 2015
Noted
Among the observations on the NYC real-estate market via a piece published this evening at DNAinfo:
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11 comments:
That characterization of the East Village is profoundly depressing.
- East Villager
""The East Village is post-collegiate frat boy, where the Lower East Side is cool, artistic, fashion," he said, noting how one of the buildings they run in the area has attracted art dealers, kids of famous actors and others."
Yes, Hell Square is SO cool, artistic, fashion. REBNY, should I laugh or cry?
kids of famous actors make it artistic? hahaha
Funny, given how Miron filled up its properties with post-collegiate frat boys. That is their speciality.
When any establishment or mainstream news outlets declare something 'cool' you can be sure that it's exactly the opposite. 'Cool' in their context basically amounts to 'trendy people with lots of money'.
"The East Village is, face it New Yorkers, the Lower East Side."
—Sheila Levine is Dead and Living in New York, 1975 Gail Parent
the east village was the lower east side until real estate folks decided that calling it "the east village" would attract a "better" tenant. the name stuck.
the new tenants are not better, they're just drunker and louder.
> is profoundly depressing.
Maybe so, but profoundly accurate.
p.s. btw, don't feel bad. Billieburg is going through the same thing.
"Cool, artistic, fashion..." equals Dollars. Frat boys help keep down rents.
This is pure PR. Nothing, but nothing from the real estate business comes close to the truth. IE the LES is the only area of the city that competes with the EV for the quantity of street vomit on any given weekend. Put that in your promos, buddy.
Lolllllll
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