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	<title>Lifestyles by Shana &#187; lofts</title>
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		<title>Why is Dumbo so expensive???</title>
		<link>http://www.lifestylesbyshana.com/why-is-dumbo-so-expensive/</link>
		<comments>http://www.lifestylesbyshana.com/why-is-dumbo-so-expensive/#comments</comments>
		<pubDate>Sun, 01 May 2011 20:07:54 +0000</pubDate>
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				<category><![CDATA[Blog]]></category>
		<category><![CDATA[lofts]]></category>
		<category><![CDATA[manhattan]]></category>
		<category><![CDATA[nyc]]></category>
		<category><![CDATA[real estate]]></category>

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		<description><![CDATA[Inside Dumbo&#8217;s Newest Rental Here&#8217;s a look-see of Dumbo&#8217;s Gair2, the rental development where move-ins ]]></description>
			<content:encoded><![CDATA[<h1>Inside Dumbo&#8217;s Newest Rental</h1>
<p>Here&#8217;s a look-see of Dumbo&#8217;s Gair2, the rental development where move-ins began on May 1st. You can read the full press release about it on DumboNYC. At present, 36 of the market-rate units in the conversion are rented. (About a quarter of the building&#8217;s 105 units have below-market-rate rents.) We were most impressed with the outdoor space—the two-story rooftop addition, unsurprisingly, has killer views—and 16 other units have sizable terraces. A portion of the building was also torn out to make extra terrace and window space. The rents are going from $2,300 up to $6,000 a month. Currently, the gym, bike room and lobby are still under construction, and the rooftop addition has yet to be furnished.</p>
<p>Shana Allen</p>
<p>Licensed Real Estate Sales Professional<br />
BOND NEW YORK<br />
25 Hudson St.<br />
New York, NY 10013<br />
Ofc: 212-792-9270<br />
Cell: 646-554-5085<br />
Email: <a href="mailto:sallen@bondnewyork.com">sallen@bondnewyork.com</a><br />
Web: <a href="http://www.bondnewyork.com" target="_blank">www.bondnewyork.com</a></p>
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