It's up, it's down. The New York apartment rental market has stymied a lot of great minds in the last couple of weeks. Not to mention us.
First, came a report at the end of August that vacancy rates had dropped slightly and rents were up. Landlords smiled.
Then, just a couple of weeks later Read More
Bad news for college grads moving to Manhattan: You can't live here for under $1,300.
The Real Estate Group of New York's latest Manhattan Rental Market Report went live on Tuesday morning, and it shows rents in July ticking up. That's reassuring for landlords and worrisome for first-time renters. Your friends who entered the market last year Read More
Unreal Estate! The floorplan of the $35,000 rental at 260 West Broadway Read More
Curbed hosts a rental panel with Dottie Herman and Jonathan Miller. Their advice to tenants? Buy Read More
From boom to bust: We plucked four Manhattan neighborhoods and charted their average Read More
Well, so much for the seasonal peaks and valleys in the real estate market. According to the Real Estate Group New York’s January Manhattan rental market report (PDF), released today, month-to-month average rents fell for studios, one-bedroom apartments and two-bedroom apartments, in both doorman and non-doorman buildings. It was a clean sweep, and one Read More
Now, if they could only rent out One Hanson's retail as well...
Avalon's leasing office lobby, though, feels more like a design-y take on a dentist's office. Inoffensive Read More
Citi Habitats released its November rental market report today (PDF here), showing a continued rise in vacancy rates across all Manhattan neighborhoods, and, while rents continue to soften, there hasn’t been a very significant decline.
In October, the Financial District/Battery Park City was the only area to report a vacancy rate of over 2 Read More
Taking a quick gander at the average rents for Manhattan neighborhoods in Citi Habitats’ October rental report, two things become abundantly clear: Most people can’t afford to live in Soho/Tribeca and all spendthrift renters need to Read More
The worm is finally turning in Manhattan’s winner-take-all apartment universe. According to the Manhattan-specific October rental market report released today by Citi Habitats (PDF here), vacancies are up and rents are down, all of which is playing to the advantage of renters who have been at the mercy of not terribly merciful brokers and Read More
"It’s apparent that the rental market is struggling this month,” Mr. Baum said in a statement. “Doorman studios are down 7.23 percent, and doorman one-bedrooms have declined 3.21 percent in year-over-year comparisons. To Read More
Apartment rents in Manhattan's two biggest neighborhoods by area, the Upper East and West Sides, either dropped or stayed relatively flat from September 2007 to September 2008, harbingering a Read More
"You pay for professional services; that's how the world runs. If you walk into a real estate office asking Read More
To attract new residents, the complex is adding 200,000 plants, 10,000 trees and has put in a fancy new gym. Pets, which were once a huge no-no, are now everywhere. And the complex is offering more free movie nights, cocktail mixers, sports leagues and outdoor events.
"They Read More
