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Just the place to leave one's new iPhone 6 unattended on the table while waiting in the counter for the barista to brew a venti caramel latte. =)
Seriously, I think the message of the story was rents and prices will rise in these areas in '15, with new residents coming in and some existing residents being displaced. Even if a change in aesthetics will take years to become evident.
I don't see how this trend can continue 20-30 years from now. If you keep taking in an influx of people and have no place to put them cause rents are honestly unaffordable for most, I'm curious what the objective is to all this?
I understand the draw to NYC, young, educated, looking for excitement, but I see all this gentrifying as a way to make NYC transient, nobody can afford to stay and pay 4,000 a month for a 2 bedroom it just seems to me that NYC is no longer interested in building communities, eventually it's going to come crashing down.
"One such development is 60 Water Street in Dumbo, a 290-unit rental with a 24-hour concierge and a roof deck offering Manhattan views. Leasing begins next month, with rent for a two-bedroom starting at a jaw-dropping $6,018 a month."
This is just truly sad to me.
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