Manhattan resdiential real estate is a whole different animal than residential real estate anywhere else. It has been a while since I have been personally exposed to it and I can’t say I miss it one bit. While the economic recovery is just beginning in most areas, the Manhattan market is of course out of sight. I accompanied my daughter and her 2 friends who were searching for a comfortable rental apartment for the three of them. They were well informed by their friends who had already leased apartments shortly after college graduation last spring. They were very flexible on location, size, amenities and even sun light.
That said, they never expected what happened to them yesterday. They previewed an apartment on Front Street right across from the South Street Seaport in lower Manhattan in a charming low building. The apartment was clean, had a newer kitchen, wood floors and high ceilings. In other words it was perfect. It was OK with them that it is a bit out of the way and somewhat difficualt to get to by subway. The noise level on the first floor could be tolerated. The small bedrooms – 2 of which do not have windows – was a hard pill to swallow but they figured they’d make due. They were even prepared when the showing agent told them they needed to sign a lease on the spot or risk losing the apartment. They knew if they coudln’t commit at that moment they risked losing it – like the others before this one. After huddling for a few minutes they told the agent they were ready to move forward. Then, the unexpected happened that completely threw them – the lease had to begin on the first of the month — only 3 days later. How’s that for an apartment search nightmare?
Now that they are moving in the fun begins. Designing it on a very strict budget will be challenging –and I love a good challenge. What do you think of this bookcase for the living room? I found it on JossandMain.com – a great resource.