Apartment rentals New York with Tribeca Rentals

New Luxury Rental Developments Hit the Market in Lower Manhattan

As Lower Manhattan’s new construction numbers continue to grow, developments are nearing completion, and are beginning to hit the market. To help you keep up with the new and upcoming developments, here are three of the newest and hottest residential rentals that have hit the market in Tribeca, Battery Park City, and the Financial District.

Tribeca's Top Luxury Rentals

456 Washington Street

Tribeca blends the upscale nature of the Upper East Side and Upper West Side, with the bohemian feel of Downtown, creating one of Manhattan’s trendiest spots. Stumble upon an inviting corner cafe, quaint park, or one of the area's delectable eateries. For those searching for the perfect Tribeca pad, check out some of our favorite, new rentals to come to the area.

Top 5 Best Boutique Rental Buildings

Silk Building 14 East 4th Street Luxury Rental Manhattan

Many apartments can claim to have the latest and greatest in luxury living, but these boutique rentals are truly unique, and each in a prime location.

NYC Rentals Roundup

Tribeca Map

Living in New York City comes with a price tag. The higher the price, the better the neighborhood, the more premium the amenities on offer, and maybe a building with a great history, and well known past residents too. New Yorkers have a plethora of options like the uber expensive, recent combo-condo on the market at 15 Central Park West, at a whopping $125,000/month, which was not too long ago on the market for sale by owner Leroy Schecter for a slashed price of $85 million.

Live Near a Park: Manhattan’s Best Rentals for Springtime

The best Manhattan residences for springtime

It may not feel exactly like it now, but spring is coming soon to New York City! The sloppy weather we have been experiencing for the past few days is going to make way for a glorious, warm season which will make most of us want to spend more time outdoors in the city. This is where living near a park comes in handy—the city’s beautiful parks are a great place to hang out and soak up the sunshine during the warmer months.

Rents Rise Along With the Temperatures in Manhattan

Rents rise along with the temperatures in Manhattan

Winter is on its way out in Manhattan, and accompanying the rise in temperatures is a corresponding increase in the rental prices for apartments in the city. The latest rental market report from MNS says that rents rose by 0.92 per cent in February, which is the first indication of the market reversing the downward slump that it has been experiencing over the past few months. Vacancy rates in Manhattan continue to remain low, and these could serve as a reason for rents to shoot up further in the coming summer months.

Manhattan Rental Report Shows Big Drop in Inventory in November

As the year draws to a close, the latest rental report from MNS for the month of November reveals that rents in Manhattan have fallen again, hence following the trend seen in the borough’s rental market since fall began. However, the decrease seen in November is a very small one, with the average decrease across units reported as only $19. However, professionals following the real estate market closely over the past few years will probably not be too surprised by these values, because decreases in rents are traditionally seen during the same time as temperatures fall in New York City. Besides, the rents here had been on an upward spiral up till September, and had also plateaued at really high values. But November’s report is noteworthy because of the drop in the city's inventory, thanks to a market that was already short of apartments and Superstorm Sandy shuttering many of the new buildings as well.

Manhattan Rental Market Still Strong, August Report Says

There was some debate at the end of July when people wondered if rising rents in Manhattan had finally reached their zenith and would perhaps come tumbling down in August. After all, like many said, once you reach the top, you can only come down. Well, the numbers are out now and it seems that “the top” has not yet been reached! Apartment rents in New York City continue their upward rise, and the rental market is as robust and vibrant as ever. The numbers showcase this trend best: rents for studio apartments saw an increase of 1.2%, and one-bedroom and two-bedroom apartments saw increases of 1.4% and 0.9% respectively.

Manhattan Rental Inventory Could Increase By Late 2013

The WindermereWe’ve already written extensively about scarcity in the rental inventory in Manhattan. A lack of available apartments will be one of the dominant themes of 2012, mostly due to economic uncertainty. The current economic climate has had the dual effect of preventing developers from constructing new buildings, and pushing people who would otherwise buy condos into the rental market. Yesterday the Wall Street Journal published figures that quantify the market’s scarcity. There will be roughly 2,230 apartments for rent in Manhattan that will go on the market this year, the lowest amount since 2005, when the figure was first counted. And the vacancy rate for all luxury rentals in Manhattan is 1.27%.

Winter Market Warmer than the Weather

Manhattan New York City Winter Rental MarketThe climate in New York City this year has been erratic to say the least. From hurricane-turned-tropical-storm Irene to the existentially questionable warm autumn, the question that has been on every New Yorker’s mind is, “So, what's winter going to be like?” A careful look at the November 2011 rental market report would suggest that the only thing warmer than the weather we had are Manhattan luxury rentals. Contrary to the slump that has occurred in the winters past, the Manhattan winter rental market is looking particularly strong, if not stronger than ever this year.