Population Statistic: Read. React. Repeat.
Sunday, June 04, 2006

Nationally, apartment rents are projected to rise 5.3 percent this year.

So there’s no telling how long the surprising supply of $1,000 per month rental gems in New York City will last. (Actually, since the Times just ratted them out, I’m guessing they’ll all be gone by Tuesday morning.)

Naturally, all of these one-bed dealios are in the outer boroughs; Manhattan probably has its share (especially counting rent controls), but they tend to not stay vacant long enough to get listed. And bear in mind, what counts is location, not dimensions:

For $1,125 per month, with a month’s rent free, everything was brand-new — just really small. The bedroom measured about 10 feet by 12 feet, and the whole apartment was only 350 square feet.

Hell, who needs square footage when you’re living in the Big Apple? Just extra incentive to go out every night.

by Costa Tsiokos, Sun 06/04/2006 04:34 PM
Category: New Yorkin', Society
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2 Feedbacks »
  1. Defordable housing

    CT finds a bargain New York City rental: Naturally, all of these one-bed dealios are in the outer boroughs; Manhattan probably has its share (especially counting rent controls), but they…

    Trackback by dustbury.com — 06/04/2006 @ 8:40 PM

  2. RENT FOR UNDER A C-NOTE

    When I referenced an article about non-studio apartments available for a reasonable $1,000 in the outer boroughs, I noted that Manhattan had its share of rental gems as well.
    How’s this for a rare gem: A third-story flat, rent $94.18. A month.

    Trackback by Population Statistic — 06/06/2006 @ 11:15 PM

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