Rentals in demand: Greenwich Village back in the game

Two-bedrooms nab one-third of the week's leads

TRD New York /
Jul.July 08, 2014 03:10 PM
 

Reversing its recent slump, Greenwich Village gained in popularity among prospective renters across Manhattan last week, according to apartment listings website Zumper.

The neighborhood nevertheless failed to crack the top five, led by the Upper West Side. The next four in line were the Upper East Side, West Village, Hell’s Kitchen and Chelsea. The priciest inquiry was for a three-bedroom apartment in Chelsea seeking $6,500 per month. The cheapest was for a Central Harlem studio that be rented for $1,100 per month.

Two-bedrooms rose to having one-third of the leads, with a median inquiry of $2,700. One- and two-bedrooms trailed with 28 percent and 27 percent, respectively. Three-bedrooms, which saw a rare surge in popularity to 33 percent the previous week, is back to its old tricks. The apartment size had 12 percent of the leads.

Methodology: Zumper determined the rankings by using a representative sample of emails and phone calls from renters interested in its Manhattan listings available for the week ending July 6. — Mark Maurer


Related Articles

arrow_forward_ios
Paraag Sarva, Steve Lamberti and Joseph Strasburg (Linkedin, Getty)

Startup taps industry execs, mayors to pitch security-deposit alternative

Startup taps industry execs, mayors to pitch security-deposit alternative
An industry group’s survey of 100,000 rent-stabilized apartments found that a quarter of tenants have yet to pay June rent (iStock)

Nearly 1 in 4 New Yorkers skipped rent in June: survey

Nearly 1 in 4 New Yorkers skipped rent in June: survey
Adam Pincus

Inside the legal strategy to topple New York’s rent law

Inside the legal strategy to topple New York’s rent law
The Rent Guidelines Board on Wednesday will consider four different proposals on what increases should be applied to stabilized apartments and lofts. (iStock)

City board to decide this week whether to freeze rents in stabilized apartments

City board to decide this week whether to freeze rents in stabilized apartments
One year ago, the multifamily market was upended, and the financial impact is still being assessed. (iStock)

The rent law, one year later: “No upside, no opportunity”

The rent law, one year later: “No upside, no opportunity”
(iStock)

Manhattan rental vacancy is highest in 14 years

Manhattan rental vacancy is highest in 14 years
A new report says the virus will harm shopping malls especially (iStock)

These 25,000 retail dinosaurs will meet the meteor this year

These 25,000 retail dinosaurs will meet the meteor this year
One survey of 11.5 million apartments shows that 80 percent of renters paid at least some rent in June. (iStock)

Nearly 80% of renters have made payments in June: report

Nearly 80% of renters have made payments in June: report
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...