The rental that encourages you to party and find solace

Here we are at 60 Avenue C between Fifth Street and Sixth Street, where this three-bedroom apartment just hit that market for $3,700...

Check out the listing:

Sunday night roof deck get togethers and great parties await you. The apartment, which has exposed brick, is uncommonly spacious in a city known for shoebox apartments. The living room alone is like a cavern, while the adjoining outdoor space is enough for you and your friends to chill in the after-hours. The nightly quiet provides for an excellent atmosphere for concentration and solace.

Ranked #1 in New York City for Nightlife (by Nabewise), the East Village is one of the most sought-after places to live. atmosphere for concentration and solace. The kitchen comes equipped with standard appliances + dishwasher and plenty of counterspace. The rooftop comes with plank flooring and a picnic table! It's a nice walk to NYU!

According to the listing: "Guarantors Accepted."

East Village rents fell in 2009

In his Mixed Use column this week at The Villager, Patrick Hedlund summarizes 2009 in rent...

The East Village and Lower East Side experienced the steepest residential rent drops of any Downtown neighborhoods last year, making them among the most desirable areas across Manhattan for discount-driven renters. According to the Real Estate Group New York’s year-end rental market report, the East Village and Lower East Side saw average decreases of 5.98 percent and 6.25 percent, respectively, for all doorman and non-doorman unit types combined in 2009. Doorman studios led the downward trend in both neighborhoods, with such units falling by 12.1 percent in the East Village and 22.4 percent on the Lower East Side over the past year. Over all, the East Village recorded drops for each one of its unit types, while the L.E.S. saw modest gains for non-doorman studios and two-bedrooms only (up 1.1 percent and 1.7 percent, respectively).

So can we say now that rent is just really expensive instead of unfucking-believably expensive?

Help an EV Grieve reader find a new neighbor who isn't a jackass

EV Grieve reader Andy is looking for some help. After seven years, his very cool neighbor moved out. He lives in a typical EV tenement on East Seventh Street. These apartments are small, so if you get a douchey neighbor (bellowing at his blaring flat-screen, for example), you’re fucked. So if you — or a cool, quiet, considerate adult — is looking for an apartment, contact Andy at:

andy [at] penetrationinc [dot] com

SERIOUS inquiries only.

Here’s the info from Andy:

EV APT $1,525. Jr. 1 bedroom on East Seventh Street. 2 rooms approx 11 x 12 (kitch, bed) + bath nextdoor to me (apts share a wall in both rooms). Fresh paint, newish all white bath, sunny southern skyline views, 6th floor walk-up. Quiet. Avail now. Oh, and, if you go through the broker I know, there is NO FEE!

The floorplan is up above...

Space available at 319 E. 10th St. (and don't forget to ask about the $13,500-per-month apartment!)

There are apartments and some commercial space for rent here at 319 E. 10th St. across from Tompkins Square Park...



In April, the renovated first-floor apartment went on the market ...



... for $13,500 a month. As the rental ad says, "the property also includes 1,000 square-feet of outdoor space along with a fire pit and a rotisserie grill -- perfect for entertaining friends and family in the upcoming summer months!"

Your new neighbors will love you!

Realtors are getting really creative in describing their available apartments

On Third Avenue near Ninth Street.
What is this, 2004? When you put up an apartment for rent sign in the East Village and 25 people are lining up to move in...

Renovated East 10th Street apartment can be yours — for $13,500 a month

We get press releases!

Royalton's latest property is at 319 East 10th Street -- a prime NYC rental building located on a picturesque tree-lined street on the edge of the trendy and exciting East Village. The 3,500 square-foot home includes three fireplaces and 12-foot ceilings as well as views of Tompkins Square Park.

This stunning 3/4-bedroom, 2.5-bath triplex is being newly renovated in an existing townhouse, making this a rare opportunity for you to build to specification. The property already boasts amazing southern light, new oak floors, abundant storage, a full washer and dryer and world-class finishes like gorgeous arches.

A huge chefs' kitchen with super high-end appliances opens into a large dining area that spills into the living room with high ceilings, an amazing wood-burning fireplace, and stunning windows. The baths are elegant and beautifully appointed.

The property also includes 1,000 square-feet of outdoor space along with a fire pit and a rotisserie grill - perfect for entertaining friends and family in the upcoming summer months!



You even have a private entrance on the ground floor. Prospective renters can consider a one- to five-year lease. The asking price is $13,500.

Uh, is that for one month?

Oh, and it's not where the Jessica Parkers were thinking of moving.

Or this place on East 10th Street.

A message to brokers: Save your stories of letting you in

Spotted on 13th Street near University Place...



...the apartments above the New York Health & Racquet Club.

East Village has highest rental vacancy rate in NYC

"Manhattan’s East Village had the highest vacancy rates in March with 3.24 percent of its rental units available, Citi- Habitats said. Soho and TriBeCa, both in Lower Manhattan, had the lowest vacancy rate: 1.84 percent." (Bloomberg)

Though somehow, this still seems really expensive (call me when it drops to $29,999)

From the Times:

Bargain seekers, nostalgists and ascetics, take heart: the $200,000 apartment has returned to Manhattan.

And breathe easy: the location is not Yorkville or bust. At these prices, you’d be excused for imagining a box perched on the West Side Highway — or at the very least, a treacherous trek to the subway. Instead, you’ll find properties in Carnegie Hill; Avenue B in the East Village; Tudor City; and the East 50s, 70s and 80s.

Brokers and sellers expressed mild shock — and in some cases outright chagrin — that prime Manhattan property can now be had for a fraction of an A.I.G. bonus.

“When was the last time I saw these prices?” said Dan Danielli, a broker at Halstead Property. “Not in a long time. Let’s put it that way.”

Apartment ads of the week

(Uh, virgin apartment? I know what they mean, but...)



(Yes, I'm 14 years old...)

Power to the renter?

From today's Wall Street Journal:

As the housing downturn deepens, rental rates are falling in many major U.S. cities, including New York and Los Angeles, and tenants are finding they have greater leeway to renegotiate their leases.

Fear of losing a good tenant is often enough to make landlords reconsider their rent. Jenna Carpenter, a 28-year-old living in a $2,000-per-month one-bedroom apartment on New York's Lower East Side, didn't plan to renegotiate her contract. But once she told her landlord she didn't plan to renew her lease in March, he offered to lower her rent. They are now negotiating a cut of between $300 and $400 a month.

East Village bathroom for rent (presented without any potty humor)

From Craigslist (via dustbury.com)

I am a female in my mid 60's and I am looking for a room mate. Times are tight and I need some extra money.
I am willing to rent out my bathroom in my 1 bedroom east village home.

My bathroom is large. You can easily put a twin air mattress in there. I only ask that when I need to use the bathroom, you or your air mattress are not in it.

I do ask that when you are in the apartment, you confine yourself to the bathroom. I do not feel comfortable with a stranger walking around my living room. This might change as I get to know you better.
You may have guest over as long as they are cnfined to the bathroom as well. This might seem a bit odd but please remember the rent is $400 and the bathroom is large.

Noted

"Priced out of Brooklyn? You might want to try Manhattan. Many neighborhoods in Brooklyn are now more expensive to live in than Manhattan neighborhoods (and I'm talking below 90th Street here), according to data compiled by StreetEasy.com for October 2008." (Daily News)

It has begun: The downturn

According to the Times anyway:

EVEN though the average price for a Manhattan apartment, at $1.5 million, is higher than it was a year ago, some New York neighborhoods have already started to feel the downward tug that has wrenched the housing market elsewhere in the nation.

Such as:

Other neighborhoods that experienced price drops include the Lower East Side and the East Village, where median prices fell 5.5 percent...

Oh, don't let that heavy breathing bother you -- these are really nice apartments

Wow. These apartment rental videos give me the creeps. Perhaps these would seem less like a slasher movie with some, say, smooth jazz accompanying the video.

Oops! Someone's home!




Who left the toilet seat up?!


He talks!