New York City Luxury Rental Blog Archives for June 2014

Atlantic Yards Developer Promises 2,500 Affordable Apartments by 2025

Atlantic Yards By SHoP

After years and years of delays, Forest City Ratner has agreed to accelerate the building of affordable housing at its Atlantic Yards development. The development was announced on December 11, 2003 and has since weathered lawsuits, multiple architects, and a recession. Now, after negotiations with the de Blasio administration, state officials, and community groups, the pace will hasten.

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Rent Stabilization Association Fights Rent Freeze

rent stabilization association

President of the Rent Stabilization Association: Joseph Strasburg 

The Rent Guidelines Board (RGB) will be making a highly debated decision next week in regards to a percentile increase of rent stabilized apartments. Although this vote takes place every year, this year’s decision has been exceptionally publicized due to a potential rent freeze. Bill de Blasio, the first mayor to ever run on the platform of a rent freeze, may come through on his promise—considering that over half the board has been given a seat via his appointment. Although the board favors implementation of the first rent freeze in NYC history, the Rent Stabilization Association (RSA) has other ideas.

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May Rental Report: What Goes Up Keeps Going Up

Brooklyn Bridge Manhattan
Photo Courtesy Loic Lagarde / Flickr

For a moment, it appeared that rents in Manhattan were leveling out, but the latest report from Samuel Miller is in, and it’s back to business as usual in the borough, now marking three straight months of year-over price increases. The median rental price for an apartment in Manhattan was $3,300, up 1.6 percent from April to May, and 3.1 percent from May 2013.

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4 Things Every Renter in NYC Needs

Washington Square NYC

Despite the current luxury condo boom, this is still a city of renters. In such a fast-paced city and market, sometimes it's good to take a step back and make sure you're covering all of the bases. From protecting your valuables to thinking ahead, this is what every renter in NYC needs:
 

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New Apartments in NYC to Rent While They Last

New Rental Apartments NYC

If you’ve ever searched for an apartment in New York City, you’ve probably used, or at least have heard of Craigslist. And if your result was anything like the typical experience, you probably saw some small, dusty apartments in need of repair that were not worth the price tag. Sure, great pre-war apartments exist all across Manhattan and Brooklyn, but they aren’t your only option.

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