manhattan apartments: Three Cents Worth: The Ripple Effect When Rents Dip and Rise - 09/24/14 11:44 PM


 
This week's chart plots the vacancy rate and landlord concessionsagainst the change in rental prices. To be clear, Manhattan's vacancy rate has remained nominal for decades, hovering around 2 percent, but we get excited when market reports hype up the rise and fall by a few tenths of a percent. The vacancy moves are more subtle than the hype suggests, but they shouldn't be completely ignored.
Understanding the rental market is a little easier if the sales market is seen as a competitor (hint: people either rent or buy, so they affect each other). Last fall's Manhattan rental market saw weaker … (1 comments)

manhattan apartments: HOW DO I COMPILE A GREAT-LOOKING CO-OP BOARD PACKAGE? - 07/28/14 09:43 PM
Q. I have to make six copies of a board package. I want to impress! Are three-hole binders okay? Plastic sleeves? Binder clips? Stapled? Should I include tabs for sections? Any other advice for making a great impression? Or what to avoid?
A. The co-op board package is a crucial component of getting the apartment you want, so it’s important to make sure your package is professional-looking, well-organized and easy to read, our experts say.
In one neat bundle, it details your finances, employment background, personal qualifications, plans for the apartment, and other information to convince board members that you’re not only a … (1 comments)

manhattan apartments: Mapping the Median Rents in New York City - 11/06/13 12:13 AM

[Median rents for 1BRs and 2BRs]
The number crunchers over at rental listings website Zumper, in addition to finding New York City's cold pockets and figuring out how much money your commute saves you, have put together these more straightforward infographics identifying the median rent for the past month in each Manhattan neighborhood (as well as a few in Brooklyn and also Astoria). The breakdown: the median price this past month was $3,150 for a 1BR and $4,398 for a 2BR. The most expensive neighborhood was Tribeca (no surprise there) for both 1BRs ($4,180) and 2BRs ($6,275), while the second and third spots for 1BRs went to Greenwich Village and … (0 comments)

manhattan apartments: East 25th & 3rd Ave Duplex 900 SQFT Large Bedroom & Kitchen Elevator - 08/13/13 10:04 AM
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manhattan apartments: New Listing Featuring a VIDEO TOUR - EAST 90S & 3rd Avenue - Below Market Value - 11/03/10 12:14 AM


Just hit the market...Upper East Side One Bedroom Rental...VIDEO TOUR...East 90S & 3RD Avenue

Well maintained walk up building, fourth floor unit, newly installed video intercom system, separate eat in kitchen including appliances, tiled bathroom, large living room featuring a southern exposure view, 12' X 12' bedroom - can fit a queen size bed and extra furniture, original prewar detail, new hardwood floors, live in super, three blocks away from the 6 line!

Shown by appointment only - beginning November 3rd!

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manhattan apartments: Gramercy Park Rent Stabilized - Exposed Brick Wall - Below Market - July 1st - 06/10/10 01:12 PM
Union Square One Bedroom Apartment - Rent Stabilized - Exposed Brick - July 1st
Contact JAD Reatly Group for showing times:
610.781.8417
 
Union Square One Bedroom Apartment - Rent Stabilized - Exposed Brick - July 1st
Contact JAD Reatly Group for showing times:
610.781.8417
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manhattan apartments: Need a Renter? Try Giving Away Free iPads and Bicycles - 05/10/10 03:57 AM
Prospective buyers playing hard-to-get? How about sweetening the deal with an iPad? Some developers and brokers are turning to quirky giveaways, hoping the extra incentives will help fill buildings during this tough economy. The freebies, often tacked on to traditional incentives such as fee eliminations or coverage of certain taxes, are the latest trend in attention-getting promotions. In one online ad, a broker with Platinum Properties offered to throw in two custom suits worth $2,000 each with the keys to a penthouse apartment. The broker could not be reached to say if the penthouse had been rented. Last month, Alchemy Properties … (3 comments)

manhattan apartments: Murray Hill JR One Bedroom - 2 Blocks Away from the Train - Lexington Avenue - 04/01/10 04:20 AM
Murray Hill Junior One Bedroom - Brand New Renovations - Below Market Value - East 33rd Street
Contact JAD Realty Group for showing times:
610.781.8417
Murray Hill Junior One Bedroom - Brand New Renovations - Below Market Value - East 33rd Street
Contact JAD Realty Group for showing times:
610.781.8417
 
(0 comments)

manhattan apartments: Residential rents inch up from earlier in year, but drop from last year - 03/15/10 06:45 AM
 
 
Citi Habitats' February market rental report found that rents inched up slightly from the previous month but fell from the same period last year (see below for full report).According to the report, which includes only apartments leased by Citi Habitats, the average monthly rent for a studio increased 2 percent to $1,756 in February from $1,725 the previous month. Both figures are down from $1,764 in February of last year, according to Citi Habitats data.Average rents for one- and two-bedrooms each increased 1 percent in February of 2010 from the previous month, the report found, with one-bedroom rents rising … (0 comments)

manhattan apartments: The Renter Roadblock - 03/09/10 01:39 AM
At the Chelsea Modern, a new condo on West 18th Street, renters are being encouraged to become owners by a 10 percent discount.  
IT seemed like a smart idea at the time.
Enlarge This Image
The apartment was lovely — new construction, three bedrooms, three and a half baths, nearly 2,000 square feet on the Upper East Side. The asking price was $2.995 million. A year earlier it would have gone fast.
But this was early 2009 and the economy was in tatters. Offers were pathetic — the best, $2.2 million. Forget it, the owners said. We’ll rent the … (1 comments)

manhattan apartments: Manhattan rental market flat - 02/24/10 01:13 AM
The Manhattan rental market showed little movement this past month, according to the Real Estate Group NY's mid-month February 2010 report, with rents climbing just .19 percent since last month (see the full report below). While the rate of vacancies continued to decrease, particularly among doorman units, which saw inventory drop 9.65 percent month-over-month, the report describes the market as sluggish. "Downward seasonal pressure combined with positive market trends to hold rents flat this month," the report explained. "Yet… landlords are finding that the bottom of the market is not the reprieve they were hoping for… the rebound is likely to … (3 comments)

manhattan apartments: Manhattan apartments see annual price decline for first time since 1996 - 02/04/10 04:51 AM
A Prudential Douglas Elliman report released today depicts the spectacular rise of home prices over the past decade, but also the sudden -- and definitive -- arrival of the real estate slump in Manhattan.
In 2009, Manhattan co-ops and condos saw year-over-year declines for the first time since 1996, the report shows. The average 2009 apartment sold for $1.39 million, down 12.5 percent from the previous year. The median price dropped 11 percent to $850,000 from 2008, while the average price per square foot sank 14.2 percent to $1,073. Other areas of the country have seen real estate activity and prices … (0 comments)

manhattan apartments: Brand New New York City Rentals / Below Market Value - JAD Realty Group - 11/04/09 07:33 AM
Brand New Rental Listings Weekly! Studios, One Bedrooms, Two Bedrooms, and Three Bedrooms. Below Market Priced Apartments. Upper East Side, Gramercy, Murray Hill, Midtown East/West, and Union Square.
Contact JAD Realty Group for current availabilities or to schedule an appointment - 610.781.8417
www.jadrealtygroup.com/JAD_Realty_Group/Home.html

 
Brand New Rental Listings Weekly! Studios, One Bedrooms, Two Bedrooms, and Three Bedrooms. Below Market Priced Apartments. Upper East Side, Gramercy, Murray Hill, Midtown East/West, and Union Square.
Contact JAD Realty Group for current availabilities or to schedule an appointment - 610.781.8417
 
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manhattan apartments: Tenants in position to bargain - 02/06/09 08:54 AM
Speaking on NBC's Today show this week, the Corcoran Group's founder, Barbara Corcoran, said that most apartments that haven't been sold are turning into rentals, and that tenants are now in the perfect position to bargain. Possible concessions from landlords include several months' free rent, an apartment with a better view or slightly more square footage for the same price.
Watch the interview here:
www.youtube.com/watch
(1 comments)

manhattan apartments: Elliman recruiting up to 75 agents for new rentals-only office - 01/26/09 04:09 AM
 
 
205 East 42nd Street
For the first time since the early 1990s, Prudential Douglas Elliman is opening a new office specifically for rentals, according to Stephen Kotler, an executive vice president and director of sales and rentals at the brokerage. To fill out the new department, the company is recruiting 50 to 75 new agents who will specialize in rentals, Kotler said, and has leased 15,000 square feet of space to house the rental operation. The space is located at 205 East 42nd Street between Second and Third avenues, where the company currently has an office that handles rentals … (1 comments)

manhattan apartments: New York City neighborhoods with the best real estate bargains - 01/08/09 02:12 AM
  Real estate broker Adam Modlin stands inside his recent sale, 8 East 62nd St.
Dreaming of a sunny two-bedroom near Central Park? An East Village townhouse? Or just a simple apartment to call your own?
Who isn't? But for many of us for many years, these dreams have been out of reach. Now the tides may be turning, according to a new real estate study by Streeteasy, a website that tracks real estate trends. The good news: there are a lot of property owners asking a lot less than they were. 4,300 listings in Manhattan - that's about 33% of … (1 comments)

manhattan apartments: Another condo goes -- at least partially -- rental - 12/12/08 12:34 AM
Baltic House, the condo at 360 Baltic Street in Cobble Hill, has seven units up for rent on Streeteasy.com. According to Halstead Property, the project's exclusive broker, the rent-to-own program is now available for the rental units. Rents for three-bedroom units are $4,200 to $4,500 per month, two-bedrooms are going for $3,500 and one-bedroom apartments are $2,900.
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manhattan apartments: Landlords add amenities to keep tenants - 12/01/08 03:52 AM
 
 
Octagon on Roosevelt Island
Landlords are starting to offer more amenities to keep tenants in their rental buildings. Manhattan Skyline Management is putting in a concierge service in all of its buildings. At the Octagon on Roosevelt Island, owned by developer Bruce Becker, residents are now being offered discounts at the on-site day care center, which is also being renovated. Water taxis are also in the works for the development. "We want to keep the buildings full and we want to be prudent," Becker said.
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manhattan apartments: East Village Two Bedroom Rental - REDUCED PRICE - 11/18/08 05:53 AM
REDUCED PRICE - East Village Two Bedroom Rental Available NOW
Contact JAD Realty Group for showing times:
Jeffrey Ditri
mobile: 610.781.8417
email: jeffrey@jadrealtygroup.com
 
REDUCED PRICE - East Village Two Bedroom Rental Available NOW
Contact JAD Realty Group for showing times:
Jeffrey Ditri
mobile: 610.781.8417
email: jeffrey@jadrealtygroup.com
(0 comments)

manhattan apartments: Renter's Market in Manhattan? Manhattan vacancies at 12-year high - 11/13/08 08:21 AM
Vacancies in Manhattan apartments increased from 1.46 in September to 1.71 percent in October, a 12-month high. While Battery Park led all neighborhoods with a vacancy rate of 2.02 percent, vacancies were up in each of the other 10 neighborhoods tracked by Citi Habitats, including always popular neighborhoods like the East Village and the Upper West Side.
There is also some downward pressure on rents, perhaps due to the uptick in idle apartments. Average rents for studios, one-bedrooms, two-bedrooms and three-bedrooms all fell modestly from September to October. Some neighborhoods are falling faster than others, however, and some of the most … (2 comments)

 
Jeffrey Ditri, New York City Residential Rental Specialist  (JAD Realty Group, LLC.) Rainmaker large

Jeffrey Ditri

New York City Residential Rental Specialist

Manhattan, NY

More about me…

JAD Realty Group, LLC.

Address: 1386 Lexington Avenue , ny, ny, 10128

Office: (610) 781-8417

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