Rental market percolating according to recent reports
The concessions balancing act being performed by they city’s apartment owners has shrunk New York’s vacancy and pushed median rents up. According to appraiser Jonathan...
Tag : market
Brooklyn rents fall as new units come online
Brooklyn rents fell steadily last year as a flood of new apartments came online. With a pipeline full of new units ready to hit the...
Long Island housing market posts seventh straight Q2 price hike
Long Island’s housing market is on a winning streak. According to Douglas Elliman’s latest market report, the median sales price in the peninsula rose by...
Report: Midtown ranked as the sixth-most expensive office market in the world
Midtown Manhattan is inching its way up the global rankings, placing as the sixth most expensive office market in the world. According to CBRE’s latest...
REITS outperform equity market for first four months of 2016
U.S. REITs continued to outperform the broader equity market through the first four months of 2016, the National Association of Real Estate Investment Trusts (NAREIT)...
Boom and gloom in market reports: Brooklyn is up, Manhattan rents are down
This week’s collection of market reports show contrasting fortunes for different segments of the city’s real estate market. The positive news is that Brooklyn continues...
NYC hotel market strong but potentially stunted
The level of demand in the residential real estate market will tell you that New York is a place where people want to live. A...