• August 29, 2021

When you’re looking for an apartment in Manhattan, it’s important to know your demographic

Female apartment tenants have long complained that they are discriminated against in New York City.

But while they may be able to find an apartment, they are not guaranteed a comfortable, comfortable place to live.

According to a new report from Real Estate Magazine, there are three demographics that are disproportionately likely to be overlooked: men, white, and affluent. 

As you can see, it is a relatively narrow demographic.

Men are the biggest demographic in New Jersey, and their median income is $68,000.

According for the median income, there is one male tenant for every three female tenants.

But for the same median income there are five males per five females.

In contrast, there were three males for every two females.

So the percentage of males in Manhattan apartments is nearly equal to the percentage in the entire state of New Jersey. 

So what does this mean for you?

Men in New Zealand live in larger apartments, with more bedrooms. 

But while they can afford to have more, they also need to make more than their female counterparts in order to live in a spacious apartment.

They need to move more than two apartments in order for them to live with one other person.

That means, for instance, that a male would need to live on the second floor of a single-family home in order not to require a roommate to share a bedroom with him. 

What does this all mean for the next generation of Manhattan renters?

While it may be a small step, the real estate industry is taking steps to help ensure that female apartment tenants are included in their housing decisions. 

New York City’s Department of Housing Preservation and Development recently released a policy document, called “New York’s Female Apartment Renters,” that addresses the needs of apartment tenants with low income.

According the policy, women should be offered the same access to apartments as men and that the average male tenant should be allowed to live and work in the same building as a female tenant. 

“It’s not just about what a male tenant can afford, it also is about what kind of apartment they want,” says Elizabeth Mancuso, president of The Apartment Trusts, which advocates for women and minorities in the rental industry. 

The report notes that while many apartment owners are aware of the gender imbalance, they still struggle with how to meet this imbalance.

The department noted that the housing market is experiencing a “new normal” where a large percentage of renters are women, with many apartments going for $100,000 or more.

“There are many apartments that are going for that amount of money,” Mancaso says. 

Mancasos hopes that by the time the next wave of female apartment owners comes along, there will be a broader understanding of what needs to be done. 

“[The housing department] is doing a good job of making this information available, but there’s still a lot of work to be completed,” she says.

“We need to be making sure that we’re giving people access to housing and getting more opportunities for women in our market.”

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