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Tagged: Real Estate Trends & News

NYC Rental Market Update for May: New Buildings in the Outerboroughs as Manhattan Prices Rise

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on Jun 14th, 2012

Another month, another record for Manhattan rental apartments, and not in a good way for would-be Manhattan renters. Because although the average Manhattan rent in May only went up by an insignificant-sounding nine dollars, that does mean that the average Manhattan rental apartment now goes for an astonishing $3,438 a month.

  • Real Estate Trends & News

Renovated Apartments: Tired, Old Manhattan Buildings are Getting Gutted, Revitalized… and Seriously Repriced

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on Jun 6th, 2012

You walk by these Manhattan rental apartment buildings all the time, in prime neighborhoods like the Upper West Side, Kip’s Bay, Chelsea, Gramercy, and the Upper East Side, the ones that probably seemed all fresh and contemporary when they first opened their doors in the 1960s and, especially, the 1970s, but now can’t shake their [...]

  • Real Estate Trends & News

Niche Rental Businesses

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on Jun 4th, 2012

The NYC rental apartment market has never seen such high prices and low vacancy rates as we’re living through right now. As the New York Times reported recently, even if you’re willing to sign on with a roommate or two, and live farther and farther “inland” in Brooklyn or Queens, AND don’t mind many-story walkups [...]

  • Real Estate Trends & News

Tallest Residential Building in NYC: Is it Lonely at the Top (or, Amazingly Awesome)?

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on May 11th, 2012

Would you live at the top of the tallest residential building in NYC? Or do high floors (and their incredible views) give you a case of vertigo? Do you prefer to live closer to the clouds, or to remain grounded, so to speak, on a lower floor?

  • Real Estate Trends & News

Manhattan Rental Prices Again Setting New Records, Brooklyn Not Far Behind

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on May 10th, 2012

Manhattan rental prices continue to rise, which should come as no surprise to anyone who has been looking for an apartment to rent recently. According to a Citi-Habitats report issued last month, the average rent for a Manhattan rental apartment hit an all-time high in March, clocking in at an astonishing $3,418 a month, beating [...]

  • Real Estate Trends & News
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