New York City Luxury Rental Blog

Top Rental Real Estate Predictions for NYC in 2016

The Living Room at Sky 605 West 42nd Street

Photo: The Living Room at 605 West 42nd Street

A new year has begun and rental predictions for NYC real estate in 2016 are already dynamic seedlings of thought. Although the city is a shapeshifting landscape with equally elusive intangible and concrete trends, it’s still fun to forecast the future.

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Neighborhood Primer, Uptown Edition: Harlem vs. Upper East Side

The Hub luxury apartments in Harlem at street level

The Hub luxury apartments in Harlem, Manhattan.

StreetEasy published its annual quarterly report last week, reflecting fourth quarter real estate market data in Manhattan and Brooklyn. Its findings in rental trends revealed the sharpest spike in rents in Upper Manhattan and the Upper East Side, confirmation that uptown neighborhoods are getting a lot of attention these days as the most desirable places to live. If you’re deciding between Upper Manhattan (above 110th Street on both the east and west) and the Upper East Side, our neighborhood primer can help you suss out what the different areas offer.

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Startups Think Outside The Box with Micro-apartments and Communal Living Developments

View from downtown Manhattan, overlooking Brooklyn

Photo: Luxury Real Estate Manhattan's view from downtown overlooking Brooklyn

Innovative office space startup extends their business strategy to living spaces, representing a shift in lifestyle needs for New York buyers.

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Renting is the Most Economical Option For Most New Yorkers

Living room at 37 Great Jones Street, a luxury rental building in NoHo.

Photo: Living Room at 37 Great Jones Street, a luxury rental building in NoHo.

We all know moving is a huge stressor, and even if you are financially well off, the monetary burden of moving can be quite significant. Two leading factors that make buying a home in the long term seem the better choice than renting are cutting back on the number of times one needs to move, along with the perceived investment opportunity.

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The Metropolitan Museum of Art’s Expansion Shines a Spotlight on Museum Mile's Luxe Living

A bedroom at 1214 Fifth Avenue luxury apartment rentals in Manhattan.

Last year the Metropolitan Museum of Art unveiled a $65 million entrance plaza – this year, a 180,000 sqft expansion is planned for the already 2 million sqft landmarked museum on East 86th Street.

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Art Deco Manhattan: Lesser Known Rental Apartments to Consider

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Art Deco Buildings of the Financial District You Can Rent

Facade of 20 Exchange Place, displaying Art Deco ornaments and design.

20 Exchange Place's stylized facade with architectural grotesques.

Even though it boasts one of the most distinctive skylines in the world, Manhattan didn't get that way over night. One of its most cherished pre-war architectural styles, Art Deco, is well-represented with distinguished examples such as the Chrysler Building and the Empire State Building. These Financial District luxury rentals offer pre-war flair with plenty of modern conveniences.

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In LIC, a Building Markets Itself to Millennials

Rendering of the entrance at Watermark, a new development in Long Island City.

Rendering courtesy of Twining Properties

In 2015, one of the demographic questions about the New York City real estate market was, “Why aren’t millennials buying?”. Buying one’s own home as a young adult was once considered to be the cherry on the cake that is being an independent, young professional.

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2015 Year End Summary: The Best of Luxury Rentals Manhattan

A wrap-up of 2015 in Manhattan luxury rental news.

This past year, the real estate market built even more momentum with newly built rentals thriving throughout the Brooklyn and Manhattan boroughs.

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Neighborhood Primer: Williamsburg vs. Park Slope?

Photo of a living room in a luxury rental apartment in Williamsburg, Brooklyn.

2015 has been a banner year for the Brooklyn rental market. As rents in Manhattan finally reached their tipping point, residents have been flocking to Brooklyn, causing the borough’s rental costs to rapidly increase. That said, Brooklyn is still on the rise, and if you’re looking for a luxury rental in 2016, the options are endless.

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