Apartment rentals New York with Apartments Near Upper East Side

5 Reasons to Rent on the Upper East Side

For a long time now the Upper East Side has been seen as the territory of the exceptionally wealthy, especially since the Guggenheims, Vanderbilts, Fricks, and friends made their way uptown. But these days the rental stock in the Upper East Side is actually very wide ranging in both size and price. There’s also the new 2nd avenue subway line that might lure new residents. With the way the city is changing, who knows what could happen in the next few years. Until then however, we present you with a quick guide to renting on the Upper East Side. Here are five reasons why we think renting on the Upper East Side is a good idea for anyone looking to live in Manhattan.

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Keep Your Cool: 5 Tips for Surviving the NYC Summer Rental Market

To those who follow us here at Luxury Rentals Manhattan, all this talk about the resurgence of the Manhattan rental market may seem like beating on the same old drum. After all, we’ve predicted the eventual perk-up of the real estate market in all its stages, from the barely-glimmering pulse of life to its gargling infancy, from the rental market’s irritable adolescence to its full-fledged ripening. And there’s been no surer sign of the NYC rental market’s full comeback than May’s most notable statistics: prices hiking roughly .68%, vacancies dropping to .69%, and the return of the grueling competitive sport known as rental bidding wars. With all our warnings of fewer landlord concessions and high demand, a renter scouring NYC apartment listings might be feeling a bit in the doldrums at his or her prospects of securing a dream apartment. But at the Luxury Rentals Manhattan blog our goal is not to terrify, but to help. There’s no need for doom and gloom just yet: here are five useful pieces of advice for NYC newcomers tackling the competitive Manhattan summer rental scene.

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Hold On to Your Hats (And Wallets): Bidding Wars Return to Manhattan Rentals

Monthly Apartment Vacancy Rates in ManhattanSummer has struck New York City in in all its sunny glory: ninety degree days, Shakespeare in the Park, and a humidity heavy enough to peel paint at fifty paces. And as those with a sharp eye on Manhattan real estate listings know, the temperature isn’t the only aspect of New York City that is heating up. We here at Luxury Rentals Manhattan have been anticipating -- loudly and often -- the onset of summer sparking an upswing in the New York City rental market, resulting in a bump in rents and a drop in vacancies. As we’ve warned, renters have been paying fees and winning fewer concessions. But now a sign of the real estate market’s growing robustness has appeared that hasn’t been seen since the economic halcyon days: renter bidding wars.

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