Downtown Housing Prices (In the short term)
Was looking to find a new place in NYC and wanted to focus my search downtown. Anyone have any thoughts on how negotiable downtown rents are post-Sandy?
I was thinking that alot of apartments downtown that were affected by Sandy has displaced tenants (alot of them disgruntled, with good reason) and whom have found places further north. As a result, does anyone think that decreased apetite for downtown housing (bc of Sandy) coupled with increased vacancy rates will push prices down (downtown) making a more renter friendly market?
Would like to get the POV of some of the monkeys on here...