Apartment rentals New York with Condominium Rentals

Where Are the New 6th Boroughs?

New Residential Construction, Rental Development in Miami

Once upon a time, Philadelphia was the ‘6th Borough’, but in the decade since The New York Times ran a piece about Brooklynites moving to Philly for a more affordable & authentic urban experience, a new crop of cities have taken the moniker.

Developers Leaping from Condominiums to Rentals

Property developers turning to rentals over condosNeed a condominium, but can’t get a mortgage? Well, there’s good news for people in that fix with some New York City property developers are converting residential developments planned as condominiums into high-end, rental apartment buildings instead. Such conversions have been seen in a variety of locations around the city. With people buying less and renting more, there is an unprecedented demand for larger apartments, which has also been proved to be extremely lucrative in the real estate scene.

Single Moms Revitalize NYC Rental Market

Manhattan Luxury Apartments at Sunset

Catering to a city of renters, NYC real estate developers seem to design with the tech-savvy resident in mind. But as luxury Manhattan apartments get sleeker, perhaps the hottest amenities on the market aren’t wired at all—just childproof. Statistics from Property and Portfolio Research, a real-estate forecasting firm owned by CoStar, recently reported single moms were the largest group of new NYC renters from 2000 to 2010, comprising 30% of new-renters. But in addition to adding to the diversity of NYC renters, the wave of single-mother-residents revitalizing the NYC housing market scene has the potential to influence more family oriented features in a real-estate race where impersonating resort life has become the foremost objective.

Luxury Rentals: Still The Famous Person's Choice When It Comes To Manhattan Apartments

Regular readers of the Luxury Rentals Manhattan blog know that it's a familiar refrain, and just about anyone who follows Manhattan real estate knows that it happens to be true, but let's run this up the flagpole one last time -- in today's Manhattan real estate marketplace, it is inarguably wiser to rent than to buy. (Here's visual proof, if you need it) Of course, if you're already browsing the Manhattan rental listings at Luxury Rentals Manhattan, you're already hip to this fact. But if celebrity endorsements are more your speed, you're in luck. Again, it's nothing new -- we were on this when Kings of Leon singer Caleb Followill joined NYC apartment rental community in May of last year -- but Curbed reports that some of Manhattan's best known residents are opting to rent rather than buy these days. (That handsome and extravagantly well-compensated fellow at left happens to be one of them)