The Real Deal New York

The week in real estate market reports

A weekly feature bringing you the industry’s latest intel

September 14, 2016 06:00PM
By Kyna Doles

Market Reports

Click to enlarge (credit: CBRE and Housing Finance Policy Center of the Urban Institute)

According to the latest batch of market reports, northwest Queens saw rental prices climb 5.3 percent in August, new development buildings scored some of Downtown’s biggest office leases last month and women are paying more than their male counterparts for mortgages.

Residential

August 2016 Manhattan, Brooklyn and Queens rentals: Douglas Elliman

Manhattan’s median prices were steady in August, Brooklyn saw prices drop for the second consecutive month and rentals in Northwest Queens got a little pricier. Read the full report here.

Gender gap and home loans: The Urban Institute’s Housing Finance Policy Center

Females are paying more for mortgages than their male counterparts, despite being the least risky borrowers. Read the full report here.

Commercial

September 2016 Downtown Manhattan office leasing: CBRE

New development buildings held three of the top five office leases in August and average rent remained unchanged. Read the full report here.

September 2016 Midtown Manhattan office leasing: CBRE

Leasing at Hudson Yards boosted Midtown’s total activity in August. The average asking rent was unchanged. Read the full report here.

September 2016 Midtown South office leasing: CBRE

Midtown South saw total leasing activity fall below the five-year average and compared to last year, but rents remained steady in August. Read the full report here.

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