Apartment rentals New York with Tribeca 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.

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.

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.

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.

The 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.