Apartment rentals New York with Non-Doorman Rentals

Manhattan Non-Doorman Rentals on the Rise

Manhattan Luxury Apartments - Non Doorman RentalsWhen one thinks of the benefits of living in a luxury apartment building, one of those benefits is inevitably having a doorman. However, we at Luxury Rentals Manhattan have touted the benefits of not having a doorman in Manhattan -- and it seems the NYC real estate world has begun to agree with us. In the past two years, the desire for Manhattan luxury rental apartments in doorman buildings has significantly decreased. Perhaps the most obvious reason is the fact that New York City has been experiencing an historic economic downturn, therefore forcing many people to choose other, less expensive options. But this is not the only reason. The changing demographics within NYC, namely the increase of labor within the technological and creative industries who have different tastes have also played their part, causing a perfect storm of events leading to this dramatic decline in the desire for Manhattan luxury apartments in doorman buildings and possibly the beginning of a new trend within the NYC real estate market.

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Summer Trends: Closing the Gap Between Doorman and Non-Doorman Buildings

NYC Luxury Rentals - Summer TrendsAs July nears its end, New Yorkers are passing the halfway mark of a sunny, sweltering summer. With dizzying heat waves crossing the country and sending miserable New Yorkers a-scramble for sunblock and the nearest air conditioner, a bit of (semi-)good news would not be amiss. So we at Luxury Rentals Manhattan are happy to report that -- once again -- our past predictions for the summer have come to fruition, despite our recently tempered views. The summer Manhattan rental season has continued to grow in strength according to July’s rental market report, with rents climbing across the board. And while only last month we touted the price benefits of non-doorman buildings, July sings quite a different tune. The prices of doorman and non-doorman buildings are slowly drawing even as the market buffs up and rents rise, closing June’s price gap between the two types of rentals.

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Get Your Own Door: Are Doorman-Free Luxury Rentals The Biggest Value in NYC Real Estate?

There is something to be said for the Manhattan doorman rental apartment, especially for the New Yorker coming home late at night, or returning from a Whole Foods or C-Town expedition loaded down with groceries. But while most Manhattan luxury rental listings are doorman rental listings -- it comes with the "luxury" part -- there's nothing that says that you need someone to open the door for you, even after an evening on the town or an afternoon at the supermarket. Chances are that if you've managed to find your way onto the internet, let alone to Luxury Rentals Manhattan, you're probably pretty accomplished in tasks such as opening and closing doors. Which is to say that, if you're browsing luxury rental listings in Soho or searching for a rental apartment on the Upper East Side, would it really matter to you that much whether the aformentioned luxury rental in Soho or rental apartment on the Upper East Side came with a doorman? Well, apparently a great many people do -- which means that doorman-free rental listings in those most desirable Manhattan neighborhoods are notably cheaper than their be-doorman'ed counterparts. Is this the sort of market efficiency a savvy apartment-hunter could exploit to his/her advantage?

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