The Urban Edge Apartment Living Blog
Musings on living in NYC... oh, and real estate too
Two concurrent trends, seeming in opposition to each other, are running through the Manhattan rental apartment market right now. One is the mega-luxury-rental, those massive–and massively expensive–NYC rental apartments catering to the super-rich who want the freedom a rental affords, but also need to live in, say, a four bedroom penthouse on the 63rd floor. [...]
Price-wise, the news for NYC rental apartments dwellers and seekers continues to be bad. Sure, the average cost of a Manhattan rental apartment remained “steady” for much of the summer, and there was a nice 32% jump in inventory in July, which could persuade landlords to return to the days of concessions (for example, one [...]
Are tiny NYC micro apartments the wave of the future? The Manhattan rental apartment report for this years second quarter was released recently and, no surprise to anyone currently hunting for a place to live, rents are high. As in: really high. As in: almost EIGHT PERCENT higher than last year at this time, coming [...]
