Manhattan empty apartments reach record high
- Thread starter easy_b
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Yes they do. These city planners know how to get the existing renters and owners out. Probably got a line of consultants and other city planners across the country have successfully executed on neighborhood takeovers. 5,10,15 year plans laid out. Line the pockets of the aldermen and state reps, make real investments into mayoral campaigns, place various surrogates on city boards, school boards, oh yeah, executed. But usually they wait until the area is burned to a crisp with no hope of return and come swoop in, get it for cheap. Question is though, do you blame 'em? Cheap land, clean slate, money opportunity, leave a legacy behind for your children "See Billy, 30 years ago, I had a vision, now its yours". Can't go doing that shit too much in Manhattan; new construction down there cost millions. Where some see blight, others see opportunity. I'm too impatient, bought in an upcoming area, things did get better, but I had my first kid and I wasn't willing to wait it out while the area improved. Since I moved out property values have literally doubled in 6 years. This is the area around the United Center in Chicago. Chicago niggas know what I'm talking about.Them crakkkas know what the fuck they doin. My brother lives down there and he said the EXACT same thing you said.
New York City hits 13,000 empty apartments
New York City is dead forever: Author James Altucher
New York City is dead forever: Author James Altucher
The cot. Damn. TRAFFIC.
You HAVE to do 80 or they'll run you over.
And that's on a side street with a 25 mph speed limit.
With the funny job situation it’s going to have to decrease
decreased... Like I said greed gonna cause the collapse and fire sale for downtown condos and property... Jewrific
ALL of this. Its good reading someone noticing the same thing. I was waiting for another downturn to get a property "on sale" in the Bay, but this Coronavirus is adding a new dimension. Without work being geographical, things get less predictable.
I've had customers looking out for me to check on apartments in their buildings by Union Square where I work.
I've been hearing about people moving out around that area for the last few weeks now.
Though I have plenty of transit access living in Harlem,
I'm ready to step to a larger space now.
And to be a bit closer to work.
I've been telling people for the last few years that this shit was going to happen.
COVID19 and the various George Floyd Protests just sped up the reality.
I've been hearing about people moving out around that area for the last few weeks now.
Though I have plenty of transit access living in Harlem,
I'm ready to step to a larger space now.
And to be a bit closer to work.
I've been telling people for the last few years that this shit was going to happen.
COVID19 and the various George Floyd Protests just sped up the reality.
fuck these greedy ass cacs
let it all burn
let it all burn
You trying to get a bigger spot in the village? Usually apartments uptown have way more space.
There are quite a few large apartments in Greenwich Village and the Lower EastSide.
Been to quite a few of them over the decades due to Customer Party Invites, dinners, etc.
Newer apartments being built are way smaller in space these days.
But I feel that any Rent decrease will end up being minimal.
Holla at me if you hear anything on a 2 bedroom fam.
we discussed this AWHILE ago
I was telling dudes on here there were spots available around the f*cking MET of all places
didn't make no sense till you started hipping me to the game on different levels
white folk moving, old folk dying leaving rent stabilized apartments available for the first time in decades, housing officials cracking down on landlords being shifty and shady rents were getting WAY to high etc etc
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Madison ave and 5th ave dying
and AGAIN you yelled this EARLY
Corona EXPOSED a WHOLE lot of business that BEEN teetering on failure
in fact a WHOLE lot of so called business experts millionaires and billionaires
who REGULARLY CRITICIZED PUBLICLY AND LOUDLY regular working folk
for having high credit debt, no savings, not "understanding" money...
notice is was SPECIFICALLY THEM crying loudest.
and then notice who THRIVED during this
or even just SURVIVED
so many of these so called rich folk were in SERIOUS debt had bad dealings leveraged as f*ck and didn't know how to adjust.
and had the NERVE to criticize working folk
(and large groups of working folk and especially "underground" hustlers have been doing well)
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those rich cacs were product of the machine..once the machine was broken they no survival nonadapting ways kicked in.. Minorities was like ah more bad news well that's just another tues for us.. Than we said hey if I'm not dead I'll find a way to move pass another roadblock
It’s nomad economy. Always looking for a cheaper place to live, work and always trying to avoid the government, especially the tax bill.
^^^^^^^
In NYC?
It was mainly the younger generation moving out to the city. I work with plenty a white people 40 and above and they never had a thought in their head about moving from the end of long island. They do that
2-3 hr commute happily
U have a lot of investors Over seas who buy them without ever even seeing them. Them buy them and hold them for the appreciation
In ATL
rents rarely decrease, they just don't increase as fast.
this is what i feel generally across the board , it wont decrease much in most places maybe at most a10% deduction
I disagree with both of you if those apartments stay empty for a very long time especially in this funny economy those rent prices are going to drop
Same for the A.Yall Texas mofos stay moving here
Huh..no they not. Them fools all over downtown Midtown west Midtown. What are u talking about...
Bankhead is hollowell pkwy and its mix on the side of 285 not by blue flame. But on the blue flame side is straight hood....