Monday, October 6, 2008

*Everyday Chatter

An unconfirmed rumor from a reader just came in: Residential rents at the Avalon Bowery are rising by almost 80%. Holy Wall Street crash! I guess Avalon needs the funds to take over Extra Place and turn it into a private mall. And what does this mean for businesses like the Bowery Wine Co.?

Kim's on 1st Avenue is looking colorful:

It's time to say bye-bye banks! [Times]

Consumers finally wising up and getting thrifty with their pennies. [Times]

Deep NYC history, check out the glacial potholes at the WTC site. [Times]


Anonymous said...

Wait, I don't get it, Avalon's rents are rising by 80%. Doesn't that tell us that Avalon is immune from this economy?

Anonymous said...

Um...I live in one of the Avalon buildings and just resigned a lease for a 2% raise from last year. In fact they are actually offering $500 to anyone who refers a tenant. This is complete B.S.

Anonymous said...

Interesting - do you live in one of the Avalons in the Bowery or one of the other locations? I heard this rumor of the rent increase too - maybe they just wanted to get rid of some particular tenants!

Anonymous said...

So the stroller mommies are leaving their kids on the street largely unattended now. I suppose it's just a logical extension of their hubris and carelessness considering how cavalier they are with their bicycles and laptops. To those people children are essentially just glorified accessories anyways - vain extensions of their narcisssistic personalities that are enitrely replaceable and upgradeable, not unlike a fancy new laptop.

Unknown said...

Just curious...are those Avalon building full? I saw some apartments in there once that looked pretty awful (but hey granite countertops!). Every time I pass the buildings they seem about half-occupancy?