Before you read on, try to really do it. Try to formulate this list in your head. Actually, grab a piece of paper, and write them down. Let's see how close you can get to naming the 10 most expensive New York City neighborhoods in 2015.
It's obvious that rent in New York City is exorbitant. This year, we clocked in as the second most expensive city in which to rent an apartment in the United States.
Things got even worse than that when it came to buying apartments. According to Property Shark, 2015 was the most expensive year ever for New York City real estate.
For the first time ever, in neighborhoods like NoHo, TriBeCa, and Little Italy, the median price for a home crossed the $3 million threshold.
As NYC's most expensive neighborhoods' prices skyrocketed even further into ridiculousness, the cost of living in NYC's outer boroughs rose steadily in tandem.
Rents in DUMBO, Brooklyn saw new hikes, as did Cobble Hill, Williamsburg, and Downtown Brooklyn.
The product of all this priciness? Well, higher rents came at no small sacrifice. In 2015 we were forced to say au revoir to several beloved institutions who simply couldn't keep up with the price of rent.
[anad]
It's a crazy world out there. If rents continue to rise past the rate of inflation, we really can't even imagine what median rents will be at the end of 2016.
Anyway, without further ado, here are the ten most expensive neighborhoods in which to buy a home in NYC in 2015. If you're thinking about buying a home in any of these areas, well, you'd better start saving up some dough.
1. NoHo, median price: $3,887,677
bree_donnelly I love lunchtime strolls around the neighborhood #noho #nohonyc #citystrolls
2. TriBeCa, median price: $3,420,000
ashhyen #Tribeca #NYC 🏢 #NewYork
3. Little Italy, median price: $3,003,838
smith_ryan89 #littleitalynyc
4. SoHo, median price: $2,900,000
pozzonewyork SoHo 2016 👌🏼 #MadeinManhattan #PozzoNewYork #SoHoNYC
5. NoLita, median price: $2,046,250
dine_fit Audrey of Mulberry. Why hello my fair lady! #AudreyHepburn #WheninNYC #tristaneaton #mulberrystreet #nolitanyc
6. Hudson Square, median price: $1,957,000
notclosed Tags in action on Varick street! #hudsonsquare #hudsonsquarenyc #hudsonsquareconnection #treetag
7. Carnegie Hill, median price: $1,900,000
courtney_spinelli Neighborhood views 📷 #UpperEastSide #Manhattan #CarnegieHill
8. Chinatown, median price: $1,800,000
5tephanienicole #chinatownnyc
9. NoMad, median price: $1,769,204
galantedennis Looking East from #madisonsqpark #shakeshack #flatironnyc #madisonave #nycviews #nycrealestate #nyccondo The Stanford Condominium #GalanteRealEstateNYC #nomadnyc @bondnewyorkrealestate
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10. Flatiron District, median price: $1,650,000
spoiled_nyc 😍🌃😍🗽 #flatiron #flatironbuilding #flatirondistrict #spoilednyc 😉🌉🌆😯 (@nyroamer)
Check out Was This NYC Restaurant Serious with Charging an Extra 2% Surcharge.
[via Property Shark]