MANHATTAN — Temporary walls are this season’s hottest luxury rental amenity.

Developers know that many renters need roommates to afford New York City living, and — with a glut of rentals hitting Manhattan’s market and pushing prices down — they understand that squeezing roommates in is one of the best ways to keep prices up and vacancy rates down.

That means more landlords are letting renters know, whether explicitly or tacitly, that they can indeed carve out extra bedrooms with temporary walls.

Source: When Landlords Need to Keep Luxury Unit Rents High They Build a Wall – Murray Hill – DNAinfo New York

Advertisements