Friday 29 April 2016

How Much Has Your NYC Rent Gone Up Since You Moved In?

As average rents in Manhattan reach new highs, we want to know how much your rent has increased

Welcome to Friday Open Threads, wherein we'll pass the mic to readers to speak up about topics of interest, distress, horror, etc. Have something you want discussed? Let us know.

This week, a Forbes report confirmed what we already knew: Manhattan is the worst place for renters in the United States. In the last quarter of 2015, Manhattan renters paid an average of $4,374 a month for their apartments. When we last asked what commenters were dishing out to live in New York, the average rent for an apartment in Manhattan was more than $300 cheaper at $4,054—and that was just one year ago.

At the time, commenters' answers ran the gamut: "$675 for my bedroom in a 4-bedroom apt in East Harlem. Rent-stabilized unicorn!" said Kay Pay, but acugirl wasn't as lucky, "$3772 for 850 sq. ft. 1 bedroom in "Luxury" building in FiDi. They only allow 14 mos. lease. My last increase was $72. My next increase jumped to $255 for no particular reason other than the future plans of the holding company."

As rents continue to go up, up, and up throughout the city, landlords are adjusting just how much they want for that apartment someone calls home. In this thread, we want to know: Where do you live, and how much has your rent gone up since you moved into your apartment? (Those of you who are lucky enough to own, feel free to chime in if you've got a particularly interesting rental story.) For added effect, be sure to note how much you were paying when you first moved in. What, when it comes to rent increases, would be your final straw? Leave your thoughts below.



from
http://ny.curbed.com/2016/4/29/11538732/rent-hikes-new-york-city
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