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In 1995, a studio in Fort Greene cost... — Brooklynian

In 1995, a studio in Fort Greene cost...

approximately $550 a month, utilities included. This was a one-room studio (separate kitchen) in a converted brownstone. This was right in the pre-Atlantic Center neighborhood (ah, if I'd only known then). What would you guys say the same apartment would cost me, now? $1000? More? Just curious.

Comments

  • Eleven years ago you could get an entire brownstone in Cobble Hill for under $1million... Now you're luckly to get it below $2 million

    Not sure what studios in Ft. Greene rent for now a days, have a look at the listings and you'll get a feel for it.
  • 1000 is about right. but I don't think it is because of the Atlantic Center

    Prices have been steadily rising since the 80's. It's out of control now though
  • My wife and I just rented a 1.5 Br in Fort Greene for $1900 a month
  • I remember that in the early to mid-90's my parents were getting somewhere in the range of $700/month for the 1BR ground floor apt in their brownstone. Then, in a period of just a few years, the rent more than doubled, and in 2000 they were getting $1600/month (and no, they didn't push anyone out, believe me). Granted, part of the steep increase was because they were undercharging in the first place, but the rise was still dramatic. Rents then fell a bit, to about $1300 in the post 9/11 years but I'm sure they could get back to the $1600+ range from their next tenants.
  • A nice one bedroom in FG can easily cost you 1900 to 2000+ now. Depends on the location, size and condition of course. Run down, not so nice or small places are less. Really depends.
  • Anonymous wrote: A nice one bedroom in FG can easily cost you 1900 to 2000+ now. Depends on the location, size and condition of course. Run down, not so nice or small places are less. Really depends.
    I'll pass along the message. For years my parents have guiltily rented at sub-market rates, so I'll try to make sure they're abreast of market prices this time around.
  • in june 2006, a 1 bedroom floor thru garden apt in a brownstone on south portland was asking $2200.

    a 1.5 br on the garden floor was $2100 on adelphi.

    escap, ur parents should be asking about 2000 bux.
  • I think also quality of the apartment has to be taken into account. We signed to rent our large-ish 1br over the summer and are paying $1600 because the apartment has old appliances and a really sub-par bathroom.

    If you are charging $2000-$2200 for a 1br, I would expect to see like, new floors, or a really nice kitchen with fancy appliances or something.
  • I agree, a 1 bedroom for 2 grand has to have some pretty nice incentives. One of the things I like best about the borough is being able to afford to live here; spending that much on rent reeks of Manhattan. YMMV of course.
  • Subject: my two-room r/s studio

    I pay $833 for a pretty large two-room dirthole studio on Clinton Avenue between Myrlte and Willoughby.

    When I moved in three years ago, they asked 790, which was the most they could as by rent stab. laws. It was shoddy but I decided to suck it up.

    At the time (I'd moved out of a posh real one bedroom r/s on Adelphi for $950 b/c when the lease was up I was too broke to stay on there alone. Silly me.) I thought it was a huge deal.

    I know in truth it still is. But my landlord's a cheapskate and neglectful, and now they're renting out various sizes of 1-bedrooms (they also got a broker in the meantime) for a flat asking price of $1100. That bugs me, because though it's still cheap, and everyone who rents thinks they're getting a huge deal, it's illegal to ask that, even with the half-assed renov. job they have done.

    For all curious: RENT STAB. apartments can ONLY go up incrementally at a rate determined by the state or city, which depends on the building, size, and amount the last tenant was paying.

    I've talked to some folks about this, they're contacting DCHR (the state) and now have to go to court to sue for back rent. Don't overpay people, at least not if you're in a R.S place.
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