@Jake Reinhardt More remarkable: the rent on the loft on 8th + B went up by $2250 for us in just two years. Then it went up another $3000 the year after that. My old place on 13th street went up from $722 to $2150 in one year. And I read online that the apartment across the hall is now going for $2750. So, in the space of 8 years, the going rate went up by more than triple what I paid.
On Sari Botton's New York Real Estate Karma
@Jake Reinhardt More remarkable: the rent on the loft on 8th + B went up by $2250 for us in just two years. Then it went up another $3000 the year after that. My old place on 13th street went up from $722 to $2150 in one year. And I read online that the apartment across the hall is now going for $2750. So, in the space of 8 years, the going rate went up by more than triple what I paid.