Friday, April 13th, 2012

The Rent Is Too Damn Hilarious

Last night on Court Street I overheard a man and a pregnant lady bemoan the bazillion hours they've spent looking for something decent to buy in Brooklyn (at least, in white people Brooklyn). They just can't give up their Manhattan place until they find that magical Brooklyn apartment!

They will be waiting a while. Or perhaps they'll panic when the deadline of their second baby comes, and just buy something cruddy. But it's not any better for renters, according to this week's figures from the hilariously named RentJuice (ew). The average rent in the East Village is $3,859, now almost exactly tied with the average rent in Park Slope, at $3,547. Who knew!

Here's the real price point we never thought would come: the average rent in Greenpoint is now $3,424. The first quarter of 2012 has Greenpoint up 10% over the last quarter of 2011. WHAT A WORLD.

13 Comments / Post A Comment

ianmac47 (#218,037)

Yes, well now that half of Manhattan has been downzoned to the shortest little buildings possible, as well as a good portion of Brooklyn, there simply isn't enough housing. If buildings can't go up, rents will.

BadUncle (#153)

Rentjuice? Isn't that a frothy mix of fecal leasing spaces and lube?

deepomega (#1,720)

Sometimes I feel bad about how much I spend on rent in a beverly hills adjacent two bedroom, and then someone living in New York says something and I just relaaaaax.

Blackcapricorn (#4,791)

@deepomega I am Pinks-adjacent and once I saw I could get twice the space for 1/2 the price I ain't look to get back to Gotham any time soon.

synchronia (#3,755)

@deepomega Or even someone in Brentwood/Santa Monica?

deepomega (#1,720)

@synchronia Yeah, but you know what that Brentwood rent buys, right? Zero minority neighbors.

There's no siding like Greenpoint/Williamsburg siding…

Lockheed Ventura (#5,536)

And if you believe that, I will happily rent you the Brooklyn Bridge for ONLY $5,000 a month.

sigerson (#179)

Choire, don't you live in Miami?

Least interesting article of all time.

Senor_Wences (#2,234)

That Greenpoint number seems too damn high. What is the source on that? I mean, I kind of hope it's true, since it finally means the rent stabilized place I've been clinging to is paying off, bigtime, and I am a winner. But if that's a true average, something is skewing it way high. I just can't figure out what the hell that would be. The luxo joints haven't been built yet. I suspect an actual *average* these days is around $2,000. And I still win.

Senor_Wences (#2,234)

Wait, what the hell? I just looked at that RentJuice chart and it has Williamsburg several hundred dollars less than Greenpoint?

Yeah, no. Go figure, that something called "RentJuice" is just randomly making shit up.

pepper (#676)

Well, it's hard to put a price on the magnificence of the G train.

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