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Linsane Real Estate: From the LES to the W

Jeremy Lin, the now world-famous New York Knick and reason that you may have heard the term “Linsanity” several thousand times over the past few weeks, has found a semi-permanent place to rest his head.
While much of the talk about Lin has surrounded his meteoric rise in the professional basketball world, there is also an interesting real estate story surrounding the point guard. A month ago, not only was Lin barely riding the bench for the Knicks, but he was also sleeping on the couch of his brother’s Manhattan apartment on the Lower East Side.
Well, The New York Post is reporting that the Knicks’ newest star has now upgraded to digs that are more appropriate for his newfound stardom. He is renting an “all-inclusive, impeccably furnished pad at the W Hotel in the Financial District,” according to the paper. The place is outfitted with about $35,000 worth of furniture and the building has a gym, roof terrace and movie screening room. Not wanting to look to greedy, Lin’s place at the W, where rents range from $3,600 to $8,900 a month, is in the middle-tier of the apartments that the building offers.
Before renting the apartment, the owner had it listed for $2.3 million; we imagine his new tenant will drum up some interest from buyers.
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This article originally published at http://dc.urbanturf.com/articles/blog/linsane_real_estate_from_the_les_to_the_w/5181
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