Apartment rentals New York with Lower East Side Rentals

Lower East Side skyline

It has been confirmed that not one, but two new high rises could be added to the Lower East Side skyline, with a third beginning renovations.

Manhattan’s rental market is cooling down after a strong upward rise over the last few years. However, it continues to progress slowly but surely. This means that more deals are on the market now than at any time since 2009. In neighborhoods such the Lower East Side and the Financial District prices have decreased on both studios to two-bedrooms, so apartment hunters can pay less and gain more while still being able to enjoy the luxury of a Manhattan lifestyle. Though the increase in Manhattan’s rental market has been minimal over the last month or so, thankfully there has been no stagnation or downfall. Based on a recent report, there are plenty of great apartments for renters to choose from.

Despite the seemingly kid-friendly name of Alphabet City, this neighborhood situated within the Lower East Side was, for a long time, known as one of the gritty and grimy neighborhoods of New York City. However, the wild days of Alphabet City have drawn to a close and the neighborhood today has become an increasingly desirable place for young people and families, who are taking advantage of Alphabet City’s transformation into one of Manhattan’s hip, trendy and, most importantly, affordable neighborhoods to live in.

Once a part of a larger, broader Lower East Side, the East Village is one of New York City’s trendiest neighborhoods. Adhering to Manhattan’s street grid unlike its former namesake, the East Village has a vibrant student, immigrant, and artist population, and demand in the area has skyrocketed as a result of being the place to be in Downtown Manhattan. Now, to the chagrin of basically everybody but landlords, rents might increase yet again, but for a completely different reason: the Landmarks Preservation Commission has its sights on the East Village.

By the admittedly pricey (some would even argue too-damn-high) standards for Manhattan rental listings, Murray Hill rental listings are among the best value per square foot in NYC real estate. Which, come to think of it, probably has something to do with why they're among the most popular rental listings on Luxury Rentals Manhattan. But while there's plenty to recommend about Murray Hill, it's also a neighborhood with some image issues. Yes, it's home to a host of appealing luxury rental buildings, from the venerable Windsor Court to new construction blockbusters like the Costas Kondylis-designed Anthem. But Murray Hill's reputation as a party-happy 'hood favored by younger twentysomethings has led it to be labeled something of an urban suburb. Which is fair only insofar as any suburb anywhere can boast the knockout Indian food on offer in Curry Hill, or a bar scene half as lively as that spanning Third Avenue in Murray Hill. A new essay in the New York Times on the post-grad scene in Murray Hill won't help that reputation much, which is no doubt fine with the twentysomethings (and thirty-, forty- and so-on-somethings) who call the neighborhood home. But is it fair?