THE Lower East Side hasn’t been low for a very long time.
Anybody who follows NYC real estate knows that the area has changed quite a bit since the days when your penniless bubbe and zayde disembarked from Russia — but the latest round of changes will shock even the grandkids who reside there thanks to healthy trust funds.
Just two years ago, the median price of an apartment on the Lower East Side and East Village was $650,000, according to stats from Miller Samuel. Today, it’s $908,242. We suspect it will only get higher.
