3 ms·
everyone I know in New York City is complain about rent INCREASES and GENTRIFICATION Article: "East Harlem rents are among Manhattan's fastest-rising this fall
by mrcactu5 10y ago
everyone I know in New York City is complain about rent INCREASES and GENTRIFICATION
Article: "East Harlem rents are among Manhattan's fastest-rising this fall"
http://ny.curbed.com/2016/11/21/13703220/fall-market-report-nyc http://ny.curbed.com/2016/11/21/13703220/fall-market-report-...
so I have no idea where business insider is getting it's data from. Also here is a lovely map of the subway stations and the median rents near by.
Notice that Bronx hardly exceeds $2000 (compared to the reported NYC median of $3100).
http://ny.curbed.com/2016/4/29/11535674/map-nyc-subway-rent-comparison-renthop-analysis http://ny.curbed.com/2016/4/29/11535674/map-nyc-subway-rent-...
- stale2002 10y agoThat's because those are low rent areas that are still playing catch up to the extremely high rent central city. The article is most talking about the high rent areas that are now less extremely high.