{"id":304309,"date":"2017-02-12T15:59:23","date_gmt":"2017-02-12T20:59:23","guid":{"rendered":"http:\/\/harlemcondolife.com\/?p=304309"},"modified":"2017-02-12T15:59:23","modified_gmt":"2017-02-12T20:59:23","slug":"compare-what-luxury-vs-non-luxury-units-cost-in-your-neighborhood","status":"publish","type":"post","link":"http:\/\/harlemcondolife.com\/?p=304309","title":{"rendered":"Compare What Luxury vs. Non-Luxury Units Cost in Your Neighborhood"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a>. Click here<\/a> to read the post and view byline and photo credits etc.<\/p>

by Amy Zimmer — <\/div>
In areas such as Downtown Brooklyn and Harlem, luxury and non-luxury prices are similar, a report found. <div> <img src=”https:\/\/assets.dnainfo.com\/photo\/2017\/2\/1486666341-290594\/large.jpg” alt=”” width=”300″ height=”225″><\/div> MANHATTAN — As asking rents for apartments in luxury buildings drop across the city and prices for non-luxury buildings increase, luxe apartment residents in some neighborhoods may be paying the same price — or even less — than their less fancy neighbors, according to an analysis by the rent search engine RentHop.<\/a> As inventory expands for luxury apartments — defined by the report as those that have a doorman and\/or fitness center and generally located in high-rises — landlords of these higher-end properties are vying for tenants by lowering prices and offering concessions<\/a>, like a month’s free rent or paying the brokers fee, experts said. In DUMBO, the median price of a one-bedroom in a luxury rental for the fourth quarter of 2016 was $3,780 a month, while a one-bedroom in a non-luxury rental was about 4 percent more, at $3,945 a month, RentHop found. Rents for both fell compared to the same time a year ago, but<\/p>\n","protected":false},"excerpt":{"rendered":"

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