Tuesday, September 22, 2015

Noted

Among the observations on the NYC real-estate market via a piece published this evening at DNAinfo:

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.

11 comments:

Anonymous said...

That characterization of the East Village is profoundly depressing.

- East Villager

Edmund Dunn said...

""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?

Anonymous said...

kids of famous actors make it artistic? hahaha

JG said...

Funny, given how Miron filled up its properties with post-collegiate frat boys. That is their speciality.

Anonymous said...

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'.

Scuba Diva said...

"The East Village is, face it New Yorkers, the Lower East Side."

Sheila Levine is Dead and Living in New York, 1975 Gail Parent

blue glass said...

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.

Anonymous said...

> is profoundly depressing.

Maybe so, but profoundly accurate.

p.s. btw, don't feel bad. Billieburg is going through the same thing.

Anonymous said...

"Cool, artistic, fashion..." equals Dollars. Frat boys help keep down rents.

cmarrtyy said...

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.

Anonymous said...

Lolllllll