Pros and Cons: Modern vs. Historic | Chappaqua Real Estate
Should you rent in a newer or older apartment building? New data shows older rentals — especially those in buildings with fewer than 10 units — tend to have lower rents. But cost isn’t the only factor for today’s renters. Jessica’s newer, larger building Near Boston’s South End, One Back Bay embodies the luxury apartment experience with a 24-hour concierge and valet service. A studio apartment in the 2009-built building is available for $3,390 per month . Jessica Lau, 24, was initially concerned with location and safety. As a dental student at Boston University, proximity to school was at the top of her apartment wish list. Then she started talking to locals. “At first, I didn’t care about the age of the building where I lived,” she said. “But after I talked to them, I changed my mind and looked for something modern and new.” Turns out, Lau’s friends who live in older Boston apartment buildings and brownstones have battled a ...