Vanessa Carlton via Wiki Commons; 182 Lafayette Street via Compass
As inventory rises (to over 20,000 listings throughout New York City) and demand falls, it has shown in New York City rents. A report in August showed that rents fell 8% throughout New York City, with high-priced areas like Gramercy Park, the Upper East Side, and Brooklyn Heights among the hardest hit.
Even celebrity owners have been forced to adjust to this new environment. As the New York Post reported, Grammy-nominated singer Vanessa Carlton recently reduced the rent on the full-floor Soho loft she has owned since 2004 and rented out since 2014, when she began spending more time in Los Angeles. The apartment may be rented furnished, which includes the piano featured in the music video for "A Thousand Miles."
We take a look at this apartment, as well as other listings with rents reduced by 30 percent or more. A full list of rentals that experienced price reductions may be found at the bottom; please note that all figures are based on the original listing price.
Even celebrity owners have been forced to adjust to this new environment. As the New York Post reported, Grammy-nominated singer Vanessa Carlton recently reduced the rent on the full-floor Soho loft she has owned since 2004 and rented out since 2014, when she began spending more time in Los Angeles. The apartment may be rented furnished, which includes the piano featured in the music video for "A Thousand Miles."
We take a look at this apartment, as well as other listings with rents reduced by 30 percent or more. A full list of rentals that experienced price reductions may be found at the bottom; please note that all figures are based on the original listing price.
In this article:
All images of 182 Lafayette Street via Compass
Upon arriving at this authentic Soho loft, a keyed elevator opens into the windowed foyer. Triple exposures allow for plentiful natural light throughout, and a wall of windows graces the great room/living room area, which features exposed brick and original iron columns. There are hardwood floors and high ceilings, an open chef's kitchen with island and high-end appliances, ample closets and storage, and a bedroom wing with two large, bright bedrooms. See floor plan and full details here.
All images of 542 East 82nd Street via Compass
All images of Hudson View East via Triplemint
All images of 310 West 49th Street via MNS
All images of J.W. Marriott Essex House via Compass
All images of 452 15th Street via Compass
All images of 401 East 50th Street via MNS
All images of 530 LaGuardia Place via Compass
All images of Cassa via Compass
Rental Price Reductions
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
