Why Are Comfortable-Sized Multi-Family Homes in Short Supply?

Posted by Anthony Licciardello on Monday, November 4th, 2013 at 1:49pm.

A common complaint of home buyers in the Greater New York area is that the consumer is allowed little input on the new home construction process. The needs of the buyer are often not understood by developers when their projects are conceived.  A home style that has been in demand lately, according to RealEstateSINY.com agent Maria Giakas, is the two-family, six-bedroom and six-bathroom layout. This type of home contains two three-bedroom, three-bathroom apartments. Giakas has reported that several of her clients have recently expressed interest in two-family 6/6 homes. Two three-bedroom apartments allow for two medium-sized families to comfortably share the amenities of a private home, often at a reasonable price. As of right now, she says, only about ten of these homes exist in Staten Island.

Multi-family homes are popular in Brooklyn for large families who want to stay together. Since many Staten Island home buyers are Brooklyn transplants in search of more affordable housing, this particular type of home appears to be a good investment for developers.

While two-family homes are fairly common in Staten Island, the lower unit is often laid out as a studio or one-bedroom. The smaller apartment works as a rental, but is not adequate to house another family. If Staten Island is expected to keep pace with other boroughs, new homes should be tailored to the needs of the modern day urban consumer.

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