How much are you willing to pay in rent for amenities like a pool, gym and residents' lounge? We asked six New Yorkers whether building perks are worth it, and it turns out the issue is one of principle, and not just budget.
The gap in home prices between Manhattan and Brooklyn reached its narrowest point in the previous three months of this year
Ah, Brooklyn. Long the affordable alternative to Manhattan, are you now just another expensive place to live in New York City? That was certainly the takeaway from news coverage of the second-quarter market reports released this week by the city’s big real estate brokerages. More than one headline blared that prices have reached an all-time high in Kings County.
What you'll pay: Rentals currently available start at $2,900 a month for a studio and go up to $5,000 for a two-bedroom with outdoor space.
Amenities: Doorman; fitness center including yoga room; lounge including catering kitchen and catering bar, billiards table, TV area, fireplace; courtyard including putting green, quiet seating area, terrace, garden and garden seating area; roofdeck including terrace green, fountains, fire pit, grill, bar, dining area, private cabanas, sun beds, outdoor shower; bike racks; parking; storage units
Russell Whitmore, founder of the Red Hook antiques store Erie Basin, gets compliments on this meteorological instrument, known as a Campbell-Stokes recorder
Russell Whitmore opened his Red Hook antiques shop, Erie Basin, in 2006 at the corner of Van Brunt and Dikeman Streets. A long-time lover of ancient objects--his parents collected, and he went to college in Gambier, Ohio, where buying heirlooms passed for an exciting pastime--Whitmore has an eye for distinctive jewelry, furniture and oddities.
But how does the collector decorate his own home, a "rough-around-the-edges" two-bedroom co-op in Brooklyn Heights that he and his wife picked up for $560,000 a few years ago and spent two years renovating? Of all the objects in his place, the piece that gets the most attention is his grandfather’s Campbell-Stokes recorder, also called a Stokes Sphere, which records the hours and minutes of the day by harnessing sunlight to burn holes in a card. Below, Whitmore elaborates.
Got $4,000 a month to spend on rent? Depending on the neighborhood, you can net yourself a place with a lot of amenities or a lot of space, and we've rounded up some current options on the market in your price range in Manhattan, Brooklyn, Queens, and the Bronx.
The summer heat affects the NYC real estate market.
That familiar humidity has finally settled over the city, and supposedly that means an abrupt slowdown in the world of New York real estate. But we've discovered that's only half true. Here's what you need to know if you're in the market this summer.
The city is considering letting landlords install flood barriers on public sidewalks to protect against Sandy-style damage, above.
In the ongoing battle to protect your apartment against the next Hurricane Sandy, the city wants to give your landlord a little more leeway when it comes to putting up flood protection. The Department of Transportation is mulling a plan to let building owners install temporary flood barriers on public sidewalks and streets, Crain’s reports.
The Real Estate Survival Guide for NYC Buyers, Sellers, Renters & Dwellers
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