
[Photo by James and Karla Murray]
We should have torrential downpours in the morning more often!
Right? Hello?

[Photo by Mike Brown via Twitter]





A photo posted by B Cup Cafe East Village (@bcupcafe) on
Mr. Nelson noted that the building, even though it is newly constructed, will likely sell at a discount, per square foot, compared with a recently sold prewar walk-up in the neighborhood at 117-119 E. Seventh St. That building sold for about $1,300 per square foot in June. Mr. Nelson is expecting to fetch less than that amount for 316-318 E. Third St.— about $1,100 per square foot.
"Living rooms are a fast-disappearing amenity in apartments in the East Village and other neighborhoods where young renters like to go," Mr. Nelson said. "Living rooms don't create revenue, but bedrooms do. That's why my building is unexpectedly cheaper. It has living rooms."


In order to afford the higher rent, he would have to increase his business, but rent plus fixed expenses plus supplies would be $7,000-$8,000 per month. Dividing that by 24 working days per month just does not compute. Albert tells me his best hope is to find a business with a lot of space that wants to sub-rent some of it for him and his equipment.



















