Since posting my E. 4th St. pics yesterday, I've been looking at some NYC real estate - for fun, not to buy. The East Village is by no means a fancy area. I focused on E. 4th because that's where I took my pics on Sunday.
They are asking $1.2 million for this one-bedroom on E. 4th:
They are asking a mere $519,000 for this 600 sq foot 1 1/2 bedoom on the 5th floor of a walk-up. Great for your legs, those 5th-floors:
I could not find a single available rental on E. 4th, but maybe I didn't try enough. Still, demand is strong. I think many of the young folk are doubling and tripling up to make their rents with the average 2 BR walk-up running from $4000/month and up - and in elevator buildings up to $10,000/mo - in this funky old neighborhood which was considered a semi-slum some years back.
I remember it well - Mrs. BD attended Tisch (before she was Mrs. BD, and when it was known as NYU School of the Arts and was housed in a huge old industrial loft building with only a freight elevator, yet was still maybe second only to Juilliard for the performing arts). The Fillmore East was there too, and I have memories of that: Leon Russell, Allman Brothers, Dr. John, etc.
Looking at the listings makes me wonder who all these people are who want to pay, or are able to pay, $10,000/month rent for smallish apartments in the East Village (referring to east of Greenwich Village).
And looking at the listings reminds me that, if you live in Manhattan and do not have money to burn to spend on housing, you sleep in your apartment - you don't live in it. You live at your gym or club or pub or cafe or library or park or meetings or dinners or work or wherever. Otherwise, the claustrophobia can get pretty ugly for those who are not used to it. I think so many New Yorkers run and jog and bike just to get the heck out of their little boxes.
Funny, though, when I think that I probably spend 90% of my time at home within 10% of my home living space - but that is by choice.
I confess, Readers, that I still get a kick out of New York. Vital, colorful, messy, unpredictable, and jam-packed with talented people.