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Deluxe (Rental) Apartment In The Sky: More And More New Yorkers Opting For High-End Rentals Over Condos

After a number of recent posts here at the Luxury Rentals Manhattan blog can attest, we are of the opinion that autumn and winter are about as good as it gets for Manhattan luxury rentals. Which, being as this is the blog at a site comprised mostly of Manhattan rental listings, probably makes some sense. But while the seasonal rise in concessions makes Manhattan rentals that much more appealing, there's also a broader, contextual reason the Manhattan apartment rental market has performed so well of late -- that reason being that buying Manhattan condos is hugely expensive, hilariously onerous, generally difficult and not becoming notably less so. All of which explains, somewhat, why the market for high-price, high-end Manhattan luxury rentals is currently booming. And things are currently hottest at the very high end of the market.