tag:blogger.com,1999:blog-5694390946037511355.post5609802371746824591..comments2024-03-29T03:35:13.051-04:00Comments on EV Grieve: StreetEasy data: Median East Village residential rents surged 43% in past 12 monthsUnknownnoreply@blogger.comBlogger44125tag:blogger.com,1999:blog-5694390946037511355.post-62332950774182168352022-08-12T04:06:50.420-04:002022-08-12T04:06:50.420-04:00There is and endless supply of smart and talented ...There is and endless supply of smart and talented people. But , yes, the more scrappy people are in the suburbs reminiscing about their days living in the city. Ebb and flow. It is a bummer that the small businesses and humans not focused on making money are gone. It might be fun to find somewhere similar in a completely different country. Good things happen when things are shaken up. Obviously I am not referring to chain store alley on 14 th or the new bro hood. Maybe we will find somewhere better, with less drama, and make that the new place for people to want to gentrify . (Hopefully after we are dead)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-82167823489761340122022-08-08T23:46:47.673-04:002022-08-08T23:46:47.673-04:00The problem is that at these high prices, the next...The problem is that at these high prices, the next tenants will HAVE to be multiple roommates rather than a couple or family.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-71751240898189290602022-07-31T22:49:32.915-04:002022-07-31T22:49:32.915-04:00To 11:30: But she paid the crazy broker's fee,...To 11:30: But she paid the crazy broker's fee, right? Which means that the market demand is working, and her giving into the insanity of that demand helps none of us. Twenty grand for a 4th-story walk-up in a no-frills apt.? Frankly, it doesn't sound smart. The only ones winning this game are the brokers. Also, worst time to negotiate. She should have couch-surfed until the dead of winter for a (slightly) better deal or at least a better bargaining position. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-45580300493180988102022-07-31T22:02:28.117-04:002022-07-31T22:02:28.117-04:00It's up to us to decide whether society has to...It's up to us to decide whether society has to serve markets or whether markets should serve society. It's up to us to create a framework that protects community, the social fabric that creates trust over time. Or a framework that allows that people can get kicked out as soon as their rents exceeds their ability to pay, to loose the friendship and the bonds they have formed. <br /><br />The road to change might not be straightforward but we can chose whether we vote for politicians dependent on campaign donations from moneyed interests or go the extra-mile to vote for those who don't, who e.g. don't get any of the big donations from real estate interests. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-81483216306217190202022-07-31T19:46:03.811-04:002022-07-31T19:46:03.811-04:00Um, because human beings matter? Because humans sh...Um, because human beings matter? Because humans shouldn’t be homeless to serve the greed of landlords? Because unfettered money-grabbing doesn’t make the world a better place?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-87898774105862885502022-07-31T11:30:33.503-04:002022-07-31T11:30:33.503-04:00Recently, a friend of mine was looking here in my ...Recently, a friend of mine was looking here in my hood of the EV for a one bedroom for six days straight with a broker she found online whom showed her many places. After numerous showings and three offers on other units where she was rejected due to other applications, she finally located something near Tompkins Park; however, she was blown away at what it would cost for her to move in to this unit. The application fee was $200. The price for the small apartment was 3k for 500 square feet for a two year lease. She was responsible for paying first, last month, and a deposit, which was 9k, and 25% of the annual years rent to the broker, which amounted to an additional 9k. Mind you this was a four floor walkup in a decent building in a nice unit, not over the top, freshly painted, decent bathroom, small kitchen, one closet, facing south to the street, and exposed brick on one side, with a family with a newborn as her neighbors. With hiring movers, the total bill for this venture amounted to: $20,100. To move into a small one bedroom apartment in the EV in a walkup with no amenities. We are both from LA where there are no brokers to move into an apartment. One just contacts the property company or landlord and looks at the apartment. To spend 9k for a brokers fee is OBSCENE and should be unlawful. Yet, she was in a tight spot and needed a place ASAP and in this neighborhood to be close to the headquarters where her company is located. In many places in the US, twenty grand is a down payment for a mortgage on a home. My friend works in tech and pulls in over 100k a year, but still it's a lot of money to pay. She had to supply several documents, dive into her savings, supply credit references, reports, background checks, and whatnot. Imagine if you don't have access to resources or full time employment or familial support, WTF does one do to afford living here, even in a basic apartment? Insane! I feel landlords are taking advantage of people and the situation just a bit in my opinion. She is afraid that in two years, her rent might be doubled, so she is looking to invest, and place a down payment on a condo instead of wasting money on rent. Something has to change in our city and the way housing is addressed in a fair and accessible way. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-44829150536667838272022-07-30T01:09:17.377-04:002022-07-30T01:09:17.377-04:00Don’t forget about C-Town!Don’t forget about C-Town!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-73852929271641109382022-07-29T23:28:25.405-04:002022-07-29T23:28:25.405-04:00I'd just like to say how interesting it is to ...I'd just like to say how interesting it is to have a variety of viewpoints on this topic. Does anyone here know if you can fight to avoid "renovations" in your rent-stabilized unit as a pre-text for removal? As in something being framed as a building-wide upgrade, such as electric? Can you fight to opt out?<br /><br />Not to add fuel to the fire, but in my 8-unit building at least two tenants have recently been forced out bc they had Covid-19 rent agreements and their lease renewals were denied. Neither tried to fight to stay. But a change from single owner to management company has brought neglect, filth and no repairs or maintenance for those who remain. They just want the cash, but at least they're not burning oil in the summertime just to make you uncomfortable. Though they do turn the water pressure to nothing. People have no idea what NYers go through. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-80886621077062675702022-07-29T21:35:24.951-04:002022-07-29T21:35:24.951-04:00I am a local rental agent. We are a small boutique...I am a local rental agent. We are a small boutique brokerage highly specialized in EV / LES for multiple decades supported 20 of who we think are the best small landlords w clean business practices and clean buildings. We are picky about this and as such we have a 5 star rating on zillow (not the usual for a broker). My boss is a good vibes only guy. We are NOT your normal brokerage. We price all our exclusives at what we think is fair, significantly below market rate I'd say. Most of us are native New Yorkers and burners passionate about life, good karm good vibes and passionate about the hood to the utmost extent. I'm from Queens been living on Ave C / D 20 years.<br /> I will tell you the two major things fueling this market.<br />#1 remote work due to pandemic - any dumb rich MF nobody from nowheresville, middle earth I mean America that always wanted to live here now can..75% of all our calls (we get probably a thousand a week even though we are small) are like this, and 75% of those are from.LA, second San Fran. LA just THE WORST. Like WTF is in the water there. Zero values, morals, the flakiest, just THE WORST and somehow they still think they're cool. Literally why is All of LAmoving here. STOP. STAY IN LA.<br />We write "LA"" in the book or "dick" if the client is a dick and no one has them. We take responsibility for the role we have in who we are placing here. We are not just about money. My boss runs a popular neighborhood blog.. These people will be our neighbors too and we don't want to live with dicks. Again, we are unheard of compared to most agents / brokerages.<br />#2 - colleges. Did you know NYC is the #1 university town in NYC? That is just plain wrong, disgusting, PERVERTED. These schools realized they're doing better in the real estate game than the educational game. The dorm prices are so outrageous that even the rich brats come begging us for apartments. I for one try to avoid helping rich students wherever possible. I'm 6th generation elation nyc I DESPISE NYU. These awful rich brats from nowhere are 100% destroying our city.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-70754889361197512252022-07-29T21:31:49.488-04:002022-07-29T21:31:49.488-04:00We have union market , Whole Foods, key food and t...We have union market , Whole Foods, key food and trader joes’s which is very affordable . Way more options than when I moved in 25 years ago! I do agree it is filthy and covered in horrendous graffiti.. not to mention the influx of junkies in past 2-3 years. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-46706006679022308982022-07-29T21:29:07.261-04:002022-07-29T21:29:07.261-04:00I have lived in the East Village for 25 years in a...I have lived in the East Village for 25 years in a rent stabilized apt . I have never seen the neighborhood so filthy and covered in horrible graffiti! It is also home to so many junkies living in the street shooting up in broad daylight . You also cannot even get a package delivered bc it is sure to be stolen from your hallway….<br />Only reason I stay is bc I have cheap rent! Cannot imagine paying 4k for a 450 sq ft crooked tenement built in 1900. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-44188095008551053522022-07-29T17:12:52.808-04:002022-07-29T17:12:52.808-04:00Rental price is not just determined by the unit. I...Rental price is not just determined by the unit. It is even more so by the NEIGHBORHOOD. E Village has turned into a war zone, w/ trash strewn everywhere, graffiti endemic and a sharply RISING dearth of core amenities. Real restaurants of yore dont exist. No decent diners. Even dry cleaners and shoe repair ? Gone. Not to mention where there used to be 6 grocery stores in the area? Now there is ONE. Delis dont count. Even the big chains are closing daily- like CVS, Kmart, Walgreens, Associated... Used to be an excellent car service w/ reasonable fees. Now? Closed. Add in the current PSA threats of a nuclear detonation of a device that's been in the news? WTH are these kids thinking? All the prices of 5th Ave- and none of the goods. Even in 60-70s when it was wild here, there were tons of bohemian clubs, cafes, bookstores. Now its cluttered trashed shell. 6300 for rent? a bad joke.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-60565370557770622132022-07-29T16:52:17.357-04:002022-07-29T16:52:17.357-04:00A residential caste plot is leading the societal h...A residential caste plot is leading the societal hazards we're currently observing. When only money leads proposal, just the few are left, who will see to their comfort and safety, private security? Violence erodes advantage of elitist culture, unless authoritarianism subverts liberties. Choice replaced for, coercive control. <br /> The Village of Jane Jacobs, swapped for George Orwell's dystopia. Bloomberg's (Manhattan is a Luxury Product) fully realized. History could be transformed if propriety conquered overt prosperity. Wealth is most efficient when many flourish, and most destructive when just a few game the system. Michael Dugganhttps://www.blogger.com/profile/14956505752423624167noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-5630956533029419002022-07-29T13:37:04.760-04:002022-07-29T13:37:04.760-04:00The smart and talented people already left. They’r...The smart and talented people already left. They’re living outside the city and eventually this will affect NYC economy as it’s software engineer friendly city status is removed and all that earned income is spent in other states and corps begin moving their headquarters. First no one’s coming back to the office. Then no one’s coming back to the city. Enjoy your final days of industry in the name of making a buck.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-33238099848680252252022-07-29T13:32:21.286-04:002022-07-29T13:32:21.286-04:00I agree squatting is an option since landlords can...I agree squatting is an option since landlords can’t do anything for at least 9 months about it. Reasonable response to such high increases.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-57789426850840306682022-07-29T13:05:53.504-04:002022-07-29T13:05:53.504-04:00Neighbor
"And this is why more development i...Neighbor <br />"And this is why more development is needed and vacant lots/empty buildings are such a problem."<br />The problem is new buildings are always luxury housing or at the very least unaffordable for a great number of people. I'm not sure where all those "empty lots" are of which you speak unless you consider community gardens and parks, under-developted real-estate. The city government has decided that working class people don't deserve to live here, and every mayor post Dinkins has whored out our neighborhood to the richest campaign donors.noble neolanihttps://www.blogger.com/profile/15721532867336440260noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-2772783904280139142022-07-29T11:02:56.680-04:002022-07-29T11:02:56.680-04:00The EV and LES has a history of people crammed int...The EV and LES has a history of people crammed into small apartments every since the 1890's. This time however it is young adults who are deep in debt from college loans, and are highly unlikely to find work which cold afford them even a place with their own bedroom. I remember after years of lobbying Albany the realestate industry successfully destroy affordable housing by getting our government to gut rent control. I think NYC is set for a "brain drain" pretty soon as talented, educated people leave for cities which they can afford and prosper. Greed is not good, it always leads to loss. noble neolanihttps://www.blogger.com/profile/15721532867336440260noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-61159936949933549152022-07-29T10:50:30.503-04:002022-07-29T10:50:30.503-04:00Why delay Squat 2day use to be the by line not any...Why delay Squat 2day use to be the by line not anymore Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-19944723603852593742022-07-29T09:17:44.531-04:002022-07-29T09:17:44.531-04:00I am doing internet research on this and this is w...I am doing internet research on this and this is what I've discovered:<br />Schenectady, NY - 900 sq ft $735<br />Menands, NY - 931 sq ft $900<br />Troy, NY - 1,200 sq ft $600<br />Yonkers, NY - 600 sq ft $1,200<br />I hope everyone has a safe and prosperous day and weekend.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-77804413294567259902022-07-29T08:50:13.065-04:002022-07-29T08:50:13.065-04:00To the landlord: I don’t begrudge your desire to r...To the landlord: I don’t begrudge your desire to rent your units for what you think they’re worth. My personal complaint is the massive increases that are being charged on existing tenants who are likely hoping for some amount of continuity. Now, not saying that landlords should stick with rent-stabilized guidelines, and a 10% increase year over year is actually fairly reasonable given recent inflation - but landlords jacking up rents 25-50% YoY just reeks of opportunism. It’s these unreasonable jumps and instability that drove me to buy into a coop in the neighborhood, but not everyone has that ability.<br /><br />Charge high rents on new tenants, sure - but be halfway reasonable with pre-existing tenants who aren’t causing you any trouble.aliasfoxhttps://www.blogger.com/profile/06263408702202778031noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-61665837996457183452022-07-29T01:42:57.165-04:002022-07-29T01:42:57.165-04:00For decades upon decades every New Yorker is exhau...For decades upon decades every New Yorker is exhausted by the real estate market in NYC. A constant topic of conversation. And so much of the real estate is substandard. It is not just super expensive, even when you have a good deal, the apartment sucks. NYC is noisier, dirtier, more dangerous, expensive, more polluted, more crowded with more traffic and more bureacracy than most any city in the U.S. We would all be better off to move to Westchester or Orange county.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-24159503909631946802022-07-29T00:33:52.903-04:002022-07-29T00:33:52.903-04:00I have been a resident of Alphabet City since 2010...I have been a resident of Alphabet City since 2010. I live alone in a studio apartment, which is clean and renovated. I paid $1375 monthly when I moved in. Now, I pay $2200 monthly, which is now rent stabilized. It is still an enormous amount to pay for a 450 square foot space, but comparative to other apartments in the EV and other neighborhoods, I have a nice unit. I am fortunate that my landlord can only charge a certain percentage based on the guidelines that have been set forth by the city, but even the increases are high. Still, as I traverse through my forties, I wonder if I will ever afford to purchase property here. It seems utterly implasuible. The images and stories of people waiting in line to view a unit is laughable, not to mention the obscene amount of resources it will require to move in, let alone to occupy it. There has to be a happy medium. I understand landlords must earn a living, but do they have to take advantage of a situation? Nonetheless, I am not giving up my apartment unless I marry Mr.Right and move into a larger space, which is unlikely in NYC given how no one wishes to settle, or I relocate to Europe, I win the lottery, sell my memoir and make a killing, my landlord sells the building and pushes us the tenants out, or I die. Finding and keeping an apartment in NYC is worse than a root canal when the anesthesia wears off and your entire mouth is in excruciating pain. THE ABSOLUTE WORST! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-67594561341789765082022-07-28T23:55:46.355-04:002022-07-28T23:55:46.355-04:00@5:33PM: "seriously the push back when asking...@5:33PM: "seriously the push back when asking them to keep it down was "We pay a lot of money to live here we can do what we want when we want" will only get louder and 43% more aggressive"<br /><br />Your comment is 100% on the nose; you nailed it. That is what we hear from the bro-y jerks: "Wha, wha, we pay a lot of money so we can do whatever we want, and if that ruins your quality of life, then fuck off, you old shit-heads."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-61117567499131985292022-07-28T18:46:41.097-04:002022-07-28T18:46:41.097-04:00The idea of spending more than 2K a month in rent ...The idea of spending more than 2K a month in rent to live in the EV. Why? NOTORIOUShttps://www.blogger.com/profile/03108784739330468457noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-11322567522803806722022-07-28T18:27:58.849-04:002022-07-28T18:27:58.849-04:00@5:33 yup and the bar thing is WAY worse since the...@5:33 yup and the bar thing is WAY worse since the DOT now somehow is controlling what restaurants close down entire streets for block parties, it's crazy. Look at how much Canal Street changed cause of that BS. No oversight and you know CB3 doesn't wanna deal with it, their hands are tied.Anonymousnoreply@blogger.com