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Finally! Apartment Rental Prices on the Upper West Side Begin to Dip

Posted on December 6, 2013
/Under Uncategorized
/With 0 Comments

On September 30th, we reported to you on Upper West Side studio apartments for rent. Sadly, at that time, we had to report that prices had not dropped at all, even though “the season” for apartment rentals was pretty much over. We also contrasted that with the Upper East Side,...Read more

Econoplay.com Offers Forecast on NYC Apartment Scene

Posted on April 2, 2013
/Under The Apartment Rental Market
/With 0 Comments

Gary Rosenberger of EconoPlay.com has prepared a report on the residential real estate scene in NYC and across the country. This report is read by Wall Street investors, bankers, and other who need to forecast the trends in real estate. The six page report is available to subscribers at https://econoplay.com/....Read more

The Most Expensive Neighborhoods in NYC

Posted on February 28, 2013
/Under The Apartment Rental Market

New York has no shortage of expensive apartments. But some neighborhoods are in a category of their own because it’s almost impossible to find reasonably priced rentals (or sales) in those neighborhoods. The two clearest examples of this is the West Village and Soho. If you’re looking for an affordable...Read more

4 Gramercy Park Vicinity Doorman Apartment Rentals Worth Looking At

Posted on December 19, 2012
/Under Uncategorized
/With 0 Comments

The Gramercy Park vicinity has always had a quiet dignity. It is more residential than many other neighborhoods and those who live there say it has a lovely assortment of restaurants and neighborhood merchants. Although most buildings in the Gramercy area aren’t doorman buildings, there are just enough of them...Read more

Craziness in the New York City Rental Marketplace

Posted on February 28, 2012
/Under The Apartment Rental Market
/With 0 Comments

Folks, I think we're about to start hearing the terms,"frothy" and "bubbly" again - applied to the Manhattan apartment rental marketplace.

Manhattan rental market strengthens

Posted on October 14, 2011
/Under The Apartment Rental Market
/With 1 Comment

Manhattan rental market strengthens - A personal perspective: Over here at RDNY.com, we've seen the market get tighter and tighter throughout the summer. We've seen week after week of price increases. The statistics may show overall rental prices up by 7%, but in reality, it's more than that.

July was a hot one! For apartment rentals in NYC, that is…

Posted on August 10, 2011
/Under The Apartment Rental Market
/With 0 Comments

Bloomberg quotes Citi Habitats as saying that rents increased 9% in July from a year ago in July. "landlords tested how high they could push prices amid few vacancies.".

Manhattan rentals sizzle in heat wave

Posted on August 1, 2011
/Under The Apartment Rental Market, Uncategorized
/With 0 Comments

Even as New Yorkers exit city en masse for vacations, residential leasing approaches boom-time highs August 01, 2011 07:00AM By Candace Taylor in TheRealDeal.com New Yorkers are fleeing the city in the scorching summer heat, trading subway cars for the Hamptons Jitney and business casual for bathing suits. Even so,...Read more

Rents on the Rise Again

Posted on June 9, 2011
/Under The Apartment Rental Market
/With 0 Comments

The dog days of summer are back for apartment renters. The Manhattan vacancy rate in May fell to 0.7%, its lowest level in nearly five years, according to broker Citi Habitats. Landlord concessions, such as a free month's rent for signing a new lease, have dried up. Average Manhattan rental prices are just a hair below their 2007 peaks.

High Line Expansion Makes Industrial West Side Turn Hip

Posted on June 6, 2011
/Under Uncategorized
/With 0 Comments

Click here for video of the New Highline Park By: Jill Urban of NY1 Phase 2 of the High Line is expected to open next week, but even before it was completed, the High Line created a draw for developers that has helped transform Manhattan’s West Side. NY1’s Real Estate reporter...Read more

Buyers Turning into Renters? New York Apartment Prices Make Rentals Attractive

Posted on February 27, 2011
/Under Uncategorized
/With 0 Comments

Real estate professionals speculate that there is little room for home values to move up in the near future. In a stagnant market, renting is more attractive.

It’s Cheaper to Rent in New York City than to Buy

Posted on January 25, 2011
/Under The Apartment Rental Market
/With 0 Comments

New York City takes top honors for being more affordable to rent than buy. According to Trulia, the median list price (for the top 50 cities) is $140,201.37, but the median price for a 2-bedroom apartment in NYC is $1.3-1.4 million!

Manhattan Renters – Higher Rents are Here and Concessions Disappear

Posted on January 12, 2011
/Under The Apartment Rental Market
/With 0 Comments

The good times are over for Manhattan renters. The power has shifted back to landlords, sending rents up and concessions down during the last three months of 2010.

Manhattan apartment vacancies near 3-year low

Posted on August 23, 2010
/Under The Apartment Rental Market
/With 0 Comments

The scorching summer heat hasn\'t slowed the Manhattan apartment market—the vacancy rate in July reached 0.88%, its lowest point in nearly three years

Apartment Rents Jump In Cities Where Job Trends Are Mending

Posted on August 17, 2010
/Under The Apartment Rental Market
/With 0 Comments

The rental market is rebounding, especially in New York and other markets where job trends are improving: Washington, D.C.; Chicago; San Francisco; San Jose, Calif.; and Seattle. But New York could top them all in rent growth.

Renters Deal With The Return Of A Landlords’ Market

Posted on August 5, 2010
/Under The Apartment Rental Market
/With 0 Comments

By: Jill Urban for NY 1. Last year, Tyler Fishback rented a new apartment in Midtown, and with all the concessions that existed a year ago, he got a great deal. But now when his lease came up for renewal, he got a dose of reality. “It is shocking to see...Read more

Moving to Queens, New York

Posted on July 25, 2010
/Under Neighborhoods of Queens
/With 2 Comments

Living in Queens places you in neighborhoods that are close to Manhattan. Three of the most popular neighborhoods in western Queens for those commuting to Manhattan are Astoria, Long Island City and Jackson Heights.

Manhattan apartment rents up, vacancies down: report

Posted on July 20, 2010
/Under The Apartment Rental Market
/With 0 Comments

The Manhattan residential rental market showed modest improvement over the last month, with inventory declining and rents climbing...

Juicy increase in Big Apple apartment rents as jobs return

Posted on July 19, 2010
/Under The Apartment Rental Market
/With 0 Comments

MANHATTAN apartment rentals more than doubled in the second quarter from a year earlier as the city\'s job market improved and tenants gained confidence.

Apartment rentals surged seen last quarter

Posted on July 19, 2010
/Under The Apartment Rental Market
/With 0 Comments

Apartment leasing activity skyrocketed in Manhattan during the second quarter but the burst of new transactions failed to push rents higher.

How to Be a Brainy Renter

Posted on June 6, 2010
/Under The Apartment Rental Market, Tips for NYC Apartment Renters
/With 1 Comment

As the power of the market turns once again to favor landlords and their gatekeepers, the brokers, it is useful to understand what they know that first-time renters may not. Armed with an understanding the Web, renters can decide whether to use a broker, what size apartment they can afford and the neighborhood where they are likeliest to find it.

NYC rent regulation poorly targeted

Posted on June 2, 2010
/Under The Apartment Rental Market
/With 1 Comment

Despite rent regulation, New York rent burdens remain unaffordable for most low-income households.

Survey says, Downtown population swelling

Posted on May 27, 2010
/Under Wall Street/Battery Park
/With 0 Comments

Lower Manhattan is one of the city’s fastest-growing neighborhoods. The Alliance estimated that 55,000 people live south of Chambers Street, compared to 44,000 in 2007.

Survey finds: More people prefer to rent

Posted on May 27, 2010
/Under The Apartment Rental Market
/With 0 Comments

An online survey found that 76 percent of consumers said they prefer to rent a home rather than own it, a 5 year-over-year percent increase from 2008.

Landlords Stop Paying Broker Fees

Posted on May 27, 2010
/Under The Apartment Rental Market
/With 1 Comment

But these signs of life are actually bad news for the renters who had benefitted from reduced or eliminated broker fees as landlords tried to fill vacant apartments.

Manhattan rental apartments; vacancies down, rents up

Posted on May 21, 2010
/Under The Apartment Rental Market
/With 0 Comments

Vacancy rates at rental apartments in Manhattan continued to decline in April, encouraging landlords to begin pulling back on tenant concessions.

An Enclave at the Bronx’s Border With Westchester

Posted on May 18, 2010
/Under NYC History, Wakefield
/With 0 Comments

Wakefield, the Bronx neighborhood around the 241st Street stop and one of the northernmost places in the city, shares more than a little suburban character with its neighbor across the border.

Apartment rentals in Lower Manhattan booming

Posted on May 18, 2010
/Under The Apartment Rental Market, Tribeca, Wall Street/Battery Park
/With 1 Comment

Lower Manhattan ranks as one of the fastest growing neighborhoods in the city, according to a new survey.

Apartment rentals in Long Island City – coming into their own

Posted on May 18, 2010
/Under Astoria, The Apartment Rental Market
/With 0 Comments

With thousands of new housing units, and thousands more coming, Long Island City has finally arrived - with all the perks and amenities that New York renters look for.

Apartment rentals in New York City are flying again…

Posted on May 18, 2010
/Under The Apartment Rental Market
/With 0 Comments

The frenzy for Manhattan rentals is making a comeback, a sign of a rebound in the nation\'s largest and most complex leasing market.

Brooklyn apartment rentals – Queens apartment rentals = They’re back…

Posted on May 18, 2010
/Under Neighborhoods of Brooklyn, Neighborhoods of Queens, The Apartment Rental Market
/With 0 Comments

Apartment rentals in Brooklyn and Queens are starting to move up in price again.

That Prudential Douglas Elliman/Miller-Samuel Report of Manhattan Rental Prices Isn’t Our Reality

Posted on April 9, 2010
/Under The Apartment Rental Market
/With 0 Comments

Sure we have those high priced apartments. But we have plenty of other Manhattan rental apartments that rent for a lot less too. Perfectly good apartments.

Renters Poised to Lose Upper Hand

Posted on March 3, 2010
/Under The Apartment Rental Market
/With 0 Comments

NYC Renters have been having a good run the past year or so. But the party may be drawing to a close. The evidence, New York City apartment operators are gearing up to build new rental units.

So…Did apartment rental prices fall in 2009?

Posted on December 23, 2009
/Under The Apartment Rental Market
/With 0 Comments

You bet they did. This is from Bloomberg.com: Manhattan Apartment Rents Fell 7% on Unemployment Dec. 22 (Bloomberg) — Manhattan rents fell as much as 7 percent in the year ended Dec. 15 as the recession helped some tenants move up to larger apartments for less. Rents for studio apartments...Read more

The Subprime Housing Fiasco Fallout: More Competition for Renters

Posted on June 22, 2008
/Under Tips for NYC Apartment Renters
/With 0 Comments

From New York Times on June 21, 2008 comes more news that finding a good rental apartment is getting tougher: Rise in Renters Erasing Gains for Ownership Here’s the important parts for us renters: . . . the percentage of households headed by renters increased to 32.2 percent, from 30.9...Read more