No backyard? In New York, you can rent one

A vacant lot in the East Village rents space for $100 an hour to grass-starved New Yorkers who want a place to throw a barbecue.

By Teresa at MSN Real Estate Aug 13, 2012 12:25PM

© Mary Altaffer/APFor many Americans, summer is the time to enjoy backyard barbecues. If you live in New York City, however, you are likely not to have a backyard.

 

Don't despair: You can rent a yard for your barbecue, complete with equipment, in Manhattan's East Village.

 

What is known as the Timeshare Backyard is back for a second season, and New Yorkers are shelling out $100 an hour to rent the space and throw a party for up to 30 of their friends.

 

Post continues below

"It's something that I feel like a lot of us grew up with. It's something that we give up to move here," Emily Kapsner, who grew up in Minnesota, told The Associated Press. "I feel like when you live in New York, you give up a lot of standards of living, you know. So having this open and available again is kind of reminiscent of being back home."

The Timeshare Backyard is run by Jessica Resler and Jacqui Kavanagh, who came up with the idea when they saw the vacant lot, site of a stalled construction project, last year. They approached the company that owns the property, which agreed to rent it out.

"When we first launched it, we thought, 'Oh, maybe this will be interesting to about 30 people,'" Resler told The AP. "And one day we walked into our office and we had 1,000 emails come in from people that wanted to rent the space or were curious about it."

The Timeshare Backyard isn't really a backyard but a vacant lot between two buildings, surrounded on three sides by graffiti-covered walls. But it comes with a charcoal grill, picnic tables, coolers, hammocks, lounge chairs and even hula hoops, squirt guns and pink plastic lawn flamingoes.

 

You'd better take advantage of this yard-rental opportunity while you can. The company that owns the property has it listed for sale for $6.5 million. An eight-story building could end up filling the site.

 

7Comments
Aug 25, 2012 6:35PM
avatar
I hope they can get the city and owners to lease for 99 yrs. Everyone wins.....owner gets money guaranteed profit....citizens get a place to go to for family, company, and celebrations for weddings. The city still gets taxes on the money made to run this business. It might not be $6.5 million all at once but in the long run they can certainly get that much over time. I think. 
Aug 25, 2012 6:03PM
avatar
Clever Idea! Wish I had thought of it!
Aug 25, 2012 1:39PM
avatar
it is a good idea and probably welcomed by many.  People here in Tampa, rent their yards for parking during  football season
Aug 25, 2012 8:24AM
avatar

This idea must have arrived from the group of people, who came up with an idea to buy air space above city stores after seeing the redevelopment commission model of the future construction.

Many friends of mine made millions from that idea, I regret that I was limited for funds.

Aug 25, 2012 8:19AM
avatar
just when you think the losers that live in new york can get no lower...
Aug 25, 2012 6:58AM
avatar
Glad I don't live in New York. I will take my lawn in rainy Oregon over whatever New York has to offer any day.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

About Teresa Mears

Teresa Mears

Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.

FIND YOUR DREAM HOME OR APARTMENT

or

WHAT'S YOUR HOME WORTH?

    

HOME IMPROVEMENT PROFESSIONALS

Find local plumbers, electricians, contractors and more.

from our partners