Diverse housing creates diverse neighborhood

March 05, 2009 11:38AM

The variety of housing stock available on the Lower East Side, from
public housing projects to new luxury developments, has created a
diverse neighborhood that has not gentrified completely the way other
parts of Manhattan have. The neighborhood has the least expensive
two- and three-bedroom rentals, going for between $3,023 and $4,095 per month, according to data from Citi Habitats. New development rentals in the area run up
to $6,000 per month.


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