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NOTICE
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herein is subject to the
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limitation or discrimination
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�� HOUSES FOR SALE
CLASSIC BRICK
TOWNHOUSE
111 West Main Street
Canajoharie NY off
I-90
Adirondack Dream
Area Country Living in
Town Recreation and
Arts nearby. Get out
NYC for lifestyle
Perry 917-747-8580
�� COMMERCIAL
REAL ESTATE
FOR RENT
NOHO
360 BOWERY
BRAND NEW BLDG.
Occupancy Spring 2023
Ground Floor 5,021 sqft ($70psf)
+ Cellar 718 sqft ($20psf)
Permitted uses in M1-5B
(incl. Wholesale, Light
Manufacturing, Bicycle Rental
& Repair, Clothing Rental
Establishment, Public Auction
Rooms & House of Worship)
No UG6 retail, office or
restaurants
JLL: (212) 812-6514
To advertise
here, call
718-260-2555
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Alex Stewart
Roofing and Waterproofing
Roof Repairs
Gutters
Interior & Exterior Paint
License number 1406876
NOHO DISTRICT
Manufacturing Space for Lease
Ideal for service, industrial.
NO retail or office uses.
ONLY uses permitted under
zoning district M1-5B.
636 Broadway
7972 Sq. Ft. Cellar Only.
$239,160 Annual Basis ($30/sqft)
Call: V. Trager 212-254-7701
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Real Estate
NYC is back:
City is least
affordable
in America,
report fi nds
PHOTO VIA GETTY IMAGES
BY DEAN JAMIESON
Despite 18 months of doomsaying and predictions
of the City’s decline, New York City is the least
affordable housing market in the country, says a
new report by RealtyHop.
“With median real estate asking $988,000, a family
in New York City would need to set aside 84.7% of their
annual income to own,” says the report, which analyzes
RealtyHop data alongside comprehensive U.S. Census data
to calculate averages in housing cost and income.
Los Angeles, California, with a median asking rate of
$945,000, had for a while been the least affordable city in
the country; New York City’s economic recovery, however,
means it has now taken L.A’s place.
Nuances in price obviously exist in the City from borough
to borough. Manhattan, as expected, is the most
expensive borough, with an asking price of $1,425,000;
the Bronx, at $559,000, is the cheapest. Brooklyn, Queens
and Staten Island are second, third and fourth, with prices
at $950,000, $699,000 and $649,000, respectively.
Landlords, homeowners and developers may rejoice
at this news – for everyone else, however, it means rising
rents, gentrifi cation, and everything else that New York
City promised before the pandemic, when it was, according
to so many, thriving.
Read the full report at realtyhop.com.
July 22, 2021 17
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/realtyhop.com
