The wealth of Manhattan real estate comes with a wealth of Manhattan real estate reports. Reports from the most recent quarter showed activity in the market, but at slower rates than the previous quarter and last year, and with pricier trends. So indeed, that chorus of renters' sighs heard around the city this past Friday came from a usual suspect: the rental market report.
Manhattan rental market reports show rents going up in the third quarter this year, while the number of new luxury Manhattan rentals continues to fall. They also indicate that NYC landlords are taking the glitter-out-of-the-envelope in terms of concessions. And as rent goes rises across the board, The New York Times reports that many tired Manhattan tenants with end-of-the-run leases have received stark demands for higher rent, and are consequently shopping around for more affordable options.
Since a renaming campaign that began in over 50 years ago, some things have officially come off the menu in Hell’s Kitchen—grit and squalor, gang bivouacs, dire poverty. In 1959, the Manhattan neighborhood stretching from 34th to 59th Street west of 8th Avenue attempted an image makeover when grisly gang violence took the life of two young boys and generated waves of negative media coverage. That year it was alternatively named Clinton—but not unanimously.
What was once New York City’s premier printing neighborhood is now one of New York City’s
After an exciting August – both in terms of the weather and the real estate market – expectations ran high for September. Not only did August have 