Wednesday, September 13, 2017

Inside New York City's Priciest Rentals

Rentals at $20,000 a month and up...

A 2,400 square-foot loft that rents for $22,000 a month.

When Allan Rothstein decided to rent his NoHo loft on Crosby Street a few years ago, the $22,000-a-month price tag wasn’t a major concern, Caroline Biggs reports on nytimes.com.

For Mr. Rothstein, a venture capitalist and a partner of gin-maker Empire Spirits Project, the loft offered more than just 2,400 square feet of light-filled living space — it offered freedom. “Flexibility is important to me,” he said. “As a renter, I have the ability to up and leave if I choose.”

For more on expensive rentals and why people choose them over buying: https://www.nytimes.com/2017/09/01/realestate/inside-new-york-citys-priciest-rentals.html

The living room of an $80,000 a month rental on Park Ave.

Photos: nytimes.com.
Next time on The Allen Report: 
Astrophysics for People in a Hurry.

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