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I dont think the prices have come down at all, they may have flatten out. Most of the new units are high end, 4k for 1bed?
by free652 8y ago
I dont think the prices have come down at all, they may have flatten out. Most of the new units are high end, 4k for 1bed?
- Androider 8y agoMedian rent was down ~4% in 2017 [1], some areas like UWS, Hell's Kitchen, LIC are down ~10%. Those are also incidentally the places with the most new construction. The whole Hunter's Point area in LIC has been completely transformed in just a few years from industrial to residental. 3K in Hunter's Point will now get you a new construction with all the bells and whistles and a few free months. https://ny.curbed.com/2018/1/24/16925172/nyc-rent-2017-decrease-2016 https://ny.curbed.com/2018/1/24/16925172/nyc-rent-2017-decre...