New York City Luxury Rental Blog Archives for May 2015

Last Thursday, Elliman released their monthly rentals report, and as expected, rents increased across the board. Manhattan, Brooklyn, and Queens are seeing greater market competition for studios, one-, and two-bedrooms, which pushed rents higher.

Searching for a home with a pet doesn't have to be difficult. In fact, some of NYC's best, most luxurious abodes offer unlimited ultra-luxe pet amenities.

A new study printed in the New York Times finds that despite the decrease in mortgages rates – along with high rents – hasn't actually persuaded renters to start buying. According to a study of real estate investment trusts (REITs), only 14.7 percent of tenants that moved out in the fourth quarter of 2014 did so with the intention of buying a home. That number has been in the 14 percent range since 2012, and just hasn’t moved, according to David Guarino, a research analyst for John Burns Real Estate Consulting in Irvine, California.