For all those living in New York city, do you expect rent prices to fall drastically in the next 3-4 months. Especially for studios and 1 bedroom apartments. I see that currently for luxury buildings in Manhattan good studios atleast cost around $2700 per month. Kindly vote and also comment for more insight! #housing #rent #nyc
i expect rental prices to fall, but not to an insane degree. We’re not going back to the 90s
2700 for a studio in Manhattan is an incredibly good deal
It’s a good deal for a luxury studio. Plenty of walk ups go for 2700 and less
luxury studios normally hover higher than 2700 in Manhattan - if you’re looking for a luxury unit in Harlem, The Bronx, Downtown Brooklyn or LIC, maybe
Check StreetEasy, prices are already falling. Now summer is still the busiest time of the year. I expect prices to stay at levels relative to where they are now Edit: Spelling
Surprisingly, NYC is cheaper than SF as far as housing goes. I think they’ll be cheaper but they’ll have to raise the prices of something to get all the money they lost. Sales tax may go up gradually and/or property taxes may jump back way up, next year.
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Only 2700? What the hell am i doing in sf
This isn’t true- Manhattan rents def higher than SF. This number probably includes queens, Bronx, etc
heh, still better than sf cause its new york