ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / MONEY 101

Video Exposes Cramped Space in NYC Falsely Advertised as Spacious Property; Netizens React

An Instagram video reveals the shocking reality of NYC apartments.
PUBLISHED MAR 9, 2024
Cover Image Source: Unsplash | Photo by Deborah Cortelazzi
Cover Image Source: Unsplash | Photo by Deborah Cortelazzi

Property prices and rising rent as well as other costs in daily life have become a subject of debate on social media platforms. Whether it's a discussion about leaving a tip or the discourse around rising rent, New York City has always been in the spotlight among major American cities. As affordable accommodation becomes harder to find, businesses are charging excessively high prices for cramped spaces and labeling it as a stroke of luck for the buyer. One such incident was highlighted by an Instagram user, @ocr_realty. In a video, he showcased a studio apartment featuring two rooms and one bathroom. During the tour, he expressed his dismay, labeling it as one of the worst-designed apartments he had encountered, despite the listing's description promising a modern kitchen, high ceilings, exposed brick, and hardwood floors.

Apartments in New York are not just small but also high-priced. Image Source: Unsplash|Photo by  Sangga Rima Roman Selia
 Image Source: Unsplash | Photo by Sangga Rima Roman Selia

Upon entering the place, he found out that the shower head was uncomfortably close to the fridge and kitchen area, with the bathroom awkwardly wedged in between. The bathroom itself was incredibly cramped, lacking both a sink and a mirror, and featured only a single window. The shower, positioned too close to the main door, offered scarcely enough room to stand, let alone bathe.

As he walked through the space, he showed the kitchen and living area, which boasted three windows and a small closet. However, the shock truly set in when he disclosed the rent: a staggering $3,495 per month for what was advertised as a "charming studio in the heart of NoLita."


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Realtor (@ocr_realty)


 

According to Realtor.com, other similar apartments in the building command an extravagant $7,500 per month. Despite the lavish surroundings, the reality remains that these apartments are cramped, with one such unit spanning only 500 square feet and featuring two bedrooms sharing a single bathroom.

The exorbitant pricing for such poorly designed spaces is simply unacceptable. Many relocating to New York seeking to establish their careers may be compelled to settle for these subpar options if prices are even slightly lower.

Screenshot of a comment under the video. Image Source: Instagram|@ocr_realty
https://www.instagram.com/reel/C4A7PAhrHDy/?igsh=aHZ6dmlxb3gwY2dj
Image Source: Screenshot of a comment under the video | Instagram | @ocr_realty

The response from viewers was not just one of frustration but also highlighted the absurdity of the pricing paired with the substandard design. For instance, one person commented, "Is nobody going to discuss the amount of mold in that grimy-ass shower?"

While another expressed outrage, stating, "This one actually gets me mad. They should not be allowed to get away with that. Hopefully, the landlord gets reported for violation and is forced to update that crappy apartment and the rest of them that are attached to it. It's shameful."

Screenshot of a comment under the video. Image Source: Instagram|@ocr_realty
https://www.instagram.com/reel/C4A7PAhrHDy/?igsh=aHZ6dmlxb3gwY2dj
Image Source: Screenshot of a comment under the video | Instagram | @ocr_realty 

The outrage wasn't just about the price; it was also directed at the appalling design of the studio apartment. One viewer expressed her frustration, saying, "Jail for everyone involved." Some else highlighted the absurdity of the layout, commenting, "Guess you gotta straddle the toilet to even sit down."

A different user questioned the legality of such practices, stating, "This gotta be illegal..no and I mean NO real New Yorker lives in any of these nasty small run-down apartments, especially at these ridiculous prices ..this is for people moving here for some sort of dream cause NO WAY." Another commentator raised safety concerns, pointing out, "Having an open shower right next to the fridge and stove, how is this not a fire hazard????"

For more updates on properties in NYC, follow @ocr_realty on Instagram.

MORE ON MARKET REALIST
Bill Morgan, a trucker from Australia, achieved the miraculous feat back in 1999.
2 hours ago
Jared took his bill to one of the most famous pawn shops where they told him it was worth a small fortune.
5 days ago
She went to a CVS store in Blacksburg to purchase a Mega Millions ticket for the upcoming big jackpot of $893 million on March 18, 2024.
Sep 28, 2024
Depositing a check twice is illegal, but it's an easy mistake to make, especially with the advent of remote deposits through a bank’s mobile app.
Sep 27, 2024
Can I use a family member's Costco card? A Costco membership comes with restrictions, so be sure to know the rules. We'll break the rules down.
Sep 26, 2024
Heritage Auctions called the piece "birth certificate of America's last silver dollar". 
Sep 25, 2024
Ruth L Gottesman got $1 billion in Berkshire Hathaway stock upon her husband's passing.
Sep 25, 2024
Before we get into this list, think of anything that you might use only once or twice.
Sep 24, 2024
Shaq says the strategy isn't about making money but it did pay off monetary dividends as well.
Sep 23, 2024
What are some of the most valuable action figures? You can make good money selling vintage Barbies, G.I. Joes, and Star Wars action figures.
Sep 20, 2024
Pokémon cards were all the rage in the '90s and early 2000s. Are they worth anything today? You might be surprised.
Sep 19, 2024
The boxes of popular, rare, and vintage LEGO sets may be valuable. Before you throw them away, find out if the LEGO boxes are worth anything.
Sep 18, 2024
People collect all sorts of things, and if you have old National Geographic Magazines lying around, you may wonder if they're worth anything.
Sep 17, 2024
What are some things you didn't know you could pawn? You can make good money selling or pawning vintage items or other items in good condition.
Sep 17, 2024
Back in 2017, a woman spotted an envelope lying at a Walmart store with an important message.
Sep 14, 2024
If you have a box of Disney VHS tapes in around your house, it's time to pull them out because they could be worth thousands — especially certain movies.
Sep 13, 2024
Psychologist, Andrew T. Jebb, and his team analyzed the data provided by the Gallup World Poll from 164 countries, to arrive at this conclusion. 
Sep 12, 2024
The man who sold the collector's item to pay the bills was left in tears after getting it back.
Sep 11, 2024
The strategy has allowed the company to save millions of gallons of fuel, and time.
Sep 10, 2024
When he checked his PayPal account, there was $92,233,720,368,547,800 in it.
Sep 9, 2024