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Old 01-23-2018, 10:13 AM
 
Location: Northeast states
14,021 posts, read 13,838,474 times
Reputation: 5167

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South Bronx 2018 E 134th street

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Old 01-23-2018, 11:02 AM
 
Location: Harlem, NY
7,898 posts, read 7,821,158 times
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Quote:
Originally Posted by BPt111 View Post
South Bronx 2018 E 134th street
The Port Morris section where this is; is the one to watch
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Old 01-23-2018, 11:14 AM
 
Location: Northeast states
14,021 posts, read 13,838,474 times
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Quote:
Originally Posted by HellUpInHarlem View Post
The Port Morris section where this is; is the one to watch
Yea and Mott Haven
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Old 01-23-2018, 11:24 AM
 
Location: Old Town Alexandria & NYC
264 posts, read 237,991 times
Reputation: 204
Quote:
Originally Posted by Henna View Post
As Rents Rise in the Bronx, Old Timers Feel the Pressure

The article talks a lot about a specific building that has a new owner and may or may not be under rent stabilization. The rents hover around $1000 and the new owner is advising tenants it could go up to $1500.

A few other details about the area and gentrification as well.
$1500 is a deal in NYC, especially if the apartment is modern.
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Old 01-23-2018, 11:33 AM
 
Location: New York, NY
12,751 posts, read 8,221,524 times
Reputation: 7054
Quote:
Originally Posted by LovelySummer2020 View Post
$1500 is a deal in NYC, especially if the apartment is modern.
$1500 is not a "deal". If my apartment has all of the bells and whistles but there aren't any amenities in the neighborhood and it's a dump, well $1500 is expensive. $1500 for one person means that they have to earn $60,000 a year gross. You couldn't pay me to live in Port Morris or Mott Haven or most of the Bronx for that matter.
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Old 01-23-2018, 11:46 AM
 
Location: Old Town Alexandria & NYC
264 posts, read 237,991 times
Reputation: 204
Quote:
Originally Posted by pierrepont7731 View Post
$1500 is not a "deal". If my apartment has all of the bells and whistles but there aren't any amenities in the neighborhood and it's a dump, well $1500 is expensive. $1500 for one person means that they have to earn $60,000 a year gross. You couldn't pay me to live in Port Morris or Mott Haven or most of the Bronx for that matter.
It was a sarcastic comment, hence the "" face.

On another note, much of the Bronx doesn't have amenities now, but that will change as higher income folks start to occupy those new modern apartments.
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Old 01-23-2018, 12:13 PM
 
1,687 posts, read 1,277,721 times
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Currently, my lease is 1450 for a 1br, it will go up to 1500 if I renew. I can still pay but, I am cutting it close.

I want to move into a studio. If I can find one for 1200, max 1300 I might do it, not likely to be found though.

Many would tell me to hold position and, get extra side income.
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Old 01-24-2018, 04:51 AM
 
3,570 posts, read 3,746,444 times
Reputation: 1349
Quote:
Originally Posted by pierrepont7731 View Post
$1500 is not a "deal". If my apartment has all of the bells and whistles but there aren't any amenities in the neighborhood and it's a dump, well $1500 is expensive. $1500 for one person means that they have to earn $60,000 a year gross. You couldn't pay me to live in Port Morris or Mott Haven or most of the Bronx for that matter.
See my context is that $1500 is pretty much impossible... but my context is for a 2 bedroom.
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Old 01-24-2018, 07:26 AM
 
33,878 posts, read 47,070,732 times
Reputation: 14184
Quote:
Originally Posted by BPt111 View Post
South Bronx 2018 E 134th street
Nice looking building

Google Street Views from 2014 shows that it was a parking lot before.
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Old 01-24-2018, 07:58 AM
 
Location: New York, NY
12,751 posts, read 8,221,524 times
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Quote:
Originally Posted by roseba View Post
See my context is that $1500 is pretty much impossible... but my context is for a 2 bedroom.
Impossible for a two bedroom in the Bronx... Pretty much. It's almost impossible now even in the worst areas of the Bronx. On another note, this will hopefully shut up the people that keep claiming that the Bronx is cheap because it isn't anymore. $1500+ is starting to become the standard overall for most one bedrooms which is on par with a lot of Queens.

Quote:
Originally Posted by LovelySummer2020 View Post
It was a sarcastic comment, hence the "" face.

On another note, much of the Bronx doesn't have amenities now, but that will change as higher income folks start to occupy those new modern apartments.
The Bronx was built differently than other boroughs, and that is something that tends to be overlooked. The lack of amenities isn't just due to lower wages either because even the higher incomes areas generally lack amenities. If and when a consensus is reached for Bronxites to shop within the Bronx as opposed to going to Manhattan or Westchester then that will be when things really change.
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