Your English writing platform
Discover LudwigExact(8)
Her rent is a bargain, she said, because comparable spaces now cost as much as $4,500 a month.
But that charm comes at New World prices, though brokers say that housing prices remain lower than those for comparable spaces on Fifth and Park Avenues.
The neighborhood is an easy commute to Manhattan, and apartments tend to sell for much less than comparable spaces in other parts of the city.
Ms. Watson said that Books & Company paid about $130,000 a year in rent, but that comparable spaces on Madison Avenue would be as much as $600,000.
Depending on the renovations required and the selling prices of comparable spaces, such a combination could get a premium of 20 to 50 percent, he said.
The new owners have been investing capital in the properties to restore their faded glory because of their confidence that tenants will be attracted by rents that are one-half to one-third those of comparable spaces in Manhattan.
Similar(52)
Today, comparable space rents in the mid-$30 range.
In Westchester, prices are high, but not as high as comparable space in Manhattan.
But much will depend on its ability to find comparable space.
In Westchester, rents for comparable space go for $25 to $33 a square foot, he said.
A comparable space in an elevator building would easily have cost them 10 to 20percentt more.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com