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The Real Deal New York
NYC Rental Market
The rental market is soft. So why are multifamily deals piling up?
September 17, 2018 07:00AM
New York City rents have been falling for two years, but the Blackstone Group just bet $500 million on the sector. The firm —...
Manhattan’s rental market is stuck in a
September 13, 2018 07:00AM
Manhattan’s rental market is staying sluggish. The median net effective rent, which accounts for concessions, was down 2 percent year-over-year to $3,310 in August,...
As luxury stays sluggish, lower-end rentals are getting pricier
August 24, 2018 12:15PM
Rents are up across the city — but especially in less pricey neighborhoods. Between 2010 and 2018, the average rent increase citywide was 31...
Another month, another decline: Manhattan’s rents stay soft
August 09, 2018 08:20AM
The Manhattan rental market is stuck in a rut. The median net effective rent, which accounts for concessions, fell 1.3 percent year over year...
Rental discounts are dropping in Battery Park City
July 16, 2018 05:00PM
Discounts are getting harder to come by in Battery Park City. Rental price drops in the neighborhood decreased by 14 percent year-on-year to 74...
There’s a supply glut. And Manhattan rental prices keep dropping
July 12, 2018 08:00AM
Prices keep sliding in the Manhattan rental market as concessions remain rampant. The net effective median rental price of $3,314 in June was down...
Are NYC’s rent-stabilized tenants about to face hikes unprecedented under de Blasio?
June 24, 2018 01:00PM
One million New Yorkers who live in rent-stabilized housing may be facing rent hikes of an unprecedented scale under Mayor Bill de Blasio’s administration...
Brooklyn’s losing its cool and Manhattan’s welcoming back millennials
June 24, 2018 11:25AM
Brooklyn’s cool factor is wearing thin on millennials’ wallets, so they’re moving back to Manhattan. Washington Heights is now home to the greatest concentration...
Real estate pros say HPD’s predatory landlord “watch list” is flawed
June 22, 2018 08:00AM
The city expects to add 150 properties each year to a list designed to warn tenants of potential predatory landlords. But some industry professionals...
Zumper’s resi brokerage is staffing up in NYC
May 22, 2018 11:30AM
When Zumper launched its own rental brokerage with three agents last summer, Manhattan’s traditional brokerages were up in arms. Since then, the StreetEasy competitor...
Comptroller’s report blaming Airbnb for higher rents is wrong, unpaid for: data provider
May 06, 2018 06:52PM
The backlash against New York City comptroller Scott Stringer came swiftly. First, predictably, from Airbnb, but then independent data provider AirDNA, which tracks the...
Amal and George Clooney are staying in “illegal transient hotel” in Soho
April 15, 2018 02:28PM
The latest celebrity couple to stay at a Soho rental recently raided by authorities seems to have no inkling as to the townhouse’s sordid...
Rents are falling in Manhattan. But they keep climbing in this neighborhood
January 12, 2018 02:35PM
Apartments near the Second Avenue subway are in demand, and landlords are pricing them accordingly. The median rent in Manhattan declined to $3,245 in...
How small NYC landlords determine rents
January 07, 2018 09:00AM
How do landlords decide what to charge? Is there a magic formula that can explain how your rent was established? The New York Times...
This is how mom-and-pops calculate rents
January 05, 2018 05:30PM
The city’s professional landlords, by and large, charge rents on apartments based on what the market will bear – no more, no less. But...
New York resi predictions for 2018
December 10, 2017 04:47PM
As the year comes to a close, let the flurry of predictions about the year ahead begin. First in line, StreetEasy’s senior economist Grant...
NYC luxury home prices expected to hit new lows in 2018
December 08, 2017 01:15PM
According to this week’s market reports, Manhattan rents dropped by 1.9 percent in November and city-wide luxury home sales are expected to hit new...
Durst Organization, anonymous sources dish on Amazon’s rental strategy
December 02, 2017 03:55PM
The Durst Organization is suing Amazon after a lease imploded in 2014 and isn’t shy about talking about the details. Durst representatives and court...
This UES apartment has a new bathroom. It’s also the scene of a homicide.
November 28, 2017 09:40AM
Usually a brand new bathroom would be a selling point, but in this case, the old bathtub probably had to go. That’s because officials...
The collapse of rental concessions
November 21, 2017 07:30AM
From the November issue: In early September, Citi Habitats broker Jason Burke put his listing for a three-bedroom condo at 218 West 22nd Street on the rental...
Elie Tahari sues board of 860 Fifth for $50M
125 Greenwich supertall closes on $473M debt package
Sales have launched at Tishman Speyer’s 11 Hoyt. Here’s a look inside
More Massey Knakal alumni leave Cushman for JLL
Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on construction permits
August 2018 issue
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