Rental.
The Upper East Side has a reputation of wealth and opulence. Once home to the wealthiest New Yorkers (like the Kennedys, the Roosevelts, and the Rockefellers), the UES is filled with ornate and beautiful buildings. Today, the Upper East Side is still considered one of the more expensive neighborhoods, however, in recent years, it has begun to see younger arrivals (people in their 20s and 30s) who are finding better deals up north, away from the Lower East Side and/or hip Williamsburg.
With the completion of the 2nd Avenue train, the neighborhood is only becoming more accessible to everyone as previously the only train servicing the UEW was the 4,5,6 on Lexington Avenue. Even better, the further east you go, the cheaper the apartments get. All this is only adding on to the interest from renters who no longer have to commute for as long to get to the area.
The Upper East Side contains some smaller neighborhoods such as Yorkville, Lenox Hill, Carnegie…
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