Landlords plea for water rate freeze ahead of vote
New York City landlords are hoping to avoid taking a bath on their water bills. As the city’s Water...
NYC Rental Market
New York’s rental market is a sector of the residential market that covers temporarily rented apartments, condos, or houses. New York is often thought of as a renter’s city, with a high proportion of residents renting rather than owning their homes.
NYC Rental Market Q&A
What properties are rented in the NYC rental market?
All types of residential properties can fall into the rental market. New Yorkers rent basement apartments, luxury condos, historic townhouses, and even detached homes. Some buildings are entirely rentals; others are mixed renting and owning. Some New Yorkers rent entire apartments or homes for themselves and others share with roommates or family members. New Yorkers participating in the rental market also include landlords and property owners, who are responsible for maintaining buildings and make profit off of their residential holdings.
Want to know more about the NYC rental market?
Check out our Top Stories below for TRD's most up-to-date coverage of NYC's rental market.
NYC Rental Market Top Stories
August 1, 2019—Venture capital-backed Nestio is automating the rental application process through its new platform, “Funnel by Nestio.”
July 11, 2019—Douglas Elliman and Citi Habitats’ June rental report shows strengthening market in outer boroughs.
The Latest
Small landlords’ raise-the-rent campaign lacks backing
After a year of unpaid rent and rising property taxes — what one landlord called “the American Hell” —...
NY’s rent relief program launches, with glitches
Landlords and tenants awaiting the launch of New York’s rent relief program Tuesday morning were met with error messages...
NestEgg’s property management platform targets small landlords
A startup that lets mom-and-pop landlords get paid in full even if tenants fall behind on rent is expanding...
WATCH: How viral videos helped build this real estate agent’s business
Here’s a new metric for ranking top brokers: YouTube views. With over 15 million of them, Union Square Property...
Reopening sparks signs of a real estate rush
The day after Mayor Bill de Blasio’s announcement that New York would be back at “full strength’’ by July...
National
Rent hikes are back
The pandemic did not stop rents from increasing, but it steadily slowed that increase to almost nothing. However, the trend ended last month, according to a new report. In March, year-over-year rent growth was...
NYC rents hit record lows at the start of 2021
New York City rents hit record lows during the first quarter of 2021, but that could change as competition...
Falling rents double city’s supply of voucher-accessible apartments
Thanks to the pandemic, rental-voucher holders seeking a better apartment might actually get one. The amount of voucher-accessible housing...
Brooklyn, Manhattan rental markets “beginning to pivot”
The rental market in Manhattan and Brooklyn is on the upswing, particularly when compared to where things were a...