Remember a year ago, when landlords were dealing out “COVID discounts” and rents were lower than they had ever been, and you moved into Midtown Manhattan on a student budget?
Well, that’s over now.
More and more people are receiving rent renewal notices with increases over $800-$1,000 a month raising a dilemma – stay or look for a cheaper apartment elsewhere. Unfortunately, “cheap” is not really an option. Suddenly, living in the city dubbed “dead and likely to stay that way” not so very long ago is cool again. Those who left NYC when the pandemic shut down the city are moving back and the work from home culture continues to persist as new COVID variants kept knocking down every attempt to fully reopen post pandemic… and well, people started to like working from home, meaning people now want to move to bigger apartments. …