rentals new york city real estate market: 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)

 
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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