Daily News: Market forces are now driving studio apartments to extinction

Studios at 540 W. 49th St. are the exception to the no studio rule

“A lot of these new developments are marketed toward sophisticated, well-to-do buyers, and those people may not want to be living with first-time homebuyers, who tend to be more transient,” said new development sales exec Robin Schneiderman of Halstead Property Development Marketing, who is marketing a new condo building with very limited studio inventory at 51 Jay St. in Dumbo.


Read More: http://www.nydailynews.com/life-style/real-estate/market-forces-driving-studio-apts-extinction-article-1.2104972

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