With Manhattan rental apartments hitting record high prices and prospective tenants frustrated by the lowest vacancy rates in a decade, many NYC rental apartment seekers are again casting their bargain- and square-footage-hungry eyes across the Hudson… and being rewarded with a booming Northern NJ apartment market, with many new developments open and being built.
Tagged: New Developments
Manhattan rental apartment seekers have been keenly watching the news that keeps coming from the Far West Side (aka Hudson Yards), that stretch of real estate including parts of Chelsea and Clinton / Hell’s Kitchen, to the west of 9th Avenue, that developers have had their eyes on of late.
Hudson Yards, a not yet official neighborhood which encompasses parts of the northern end of Chelsea and the southern end of Hell’s Kitchen, is in the news again. Residents of Manhattan rental apartments in that still kind of nebulous neighborhood of the far west-30s are about to get a lot more company, it seems.
The development of Williamsburg waterfront apartments in Brooklyn has seen plenty of ups and downs over the past few years, with several high-profile projects stalled mid-construction after the 2007 housing bust. Today, however, several recent reports seem to indicate that the Williamsburg rental apartment and condo market, especially those homes looking out over the East [...]
Depending on how long you’ve lived in New York City, one of two things probably comes to mind when you hear “South Street Seaport”.
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