Rental Market


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Luxury rents up across the city

The luxury rental market continues to strengthen, while the number of leases signed fell in Manhattan, Brooklyn and parts of Queens, according to this month’s Douglas Elliman rental report. In Manhattan, luxury rents, defined...

Luxury rents up across the city
US rent payments in the 2010s totaled $4.5T

Why New Yorkers, Californians and others pay so much rent

Residential rents in the U.S. increased in 2019 as did the number of tenants, pushing America’s total rent bill...

Why New Yorkers, Californians and others pay so much rent
(Credit: iStock)

Manhattan rents hit highest level in more than a decade

As rental rates across the boroughs increased, Manhattan saw a near record month. Median rental prices on the island...

Manhattan rents hit highest level in more than a decade
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The city’s rental growth is slowing

New York City’s rental market in October continued to see gains — thanks to languid home sales — but the growth is slowing. The median rent in Manhattan edged up last month to $3,500....

The city’s rental growth is slowing
The massive meeting held in a suburban casino outside of Utica came at a time when the real estate industry is asking itself some tough questions. (Credit: iStock)

Meet the 400 landlords that are taking rent laws into their own hands

 UPDATED, Sept. 12, 2019, 1:01 p.m.: As bleary-eyed risk takers tried their luck on slot machines and blackjack tables...

Meet the 400 landlords that are taking rent laws into their own hands
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

As the real estate industry grapples with the new rent law, New York landlords have looked for ways to...

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Olivia Gamber, the farmer-in-residence at Staten Island Urby’s Rabbit Garden

The Staten Island rental that’s luring in renters with tomatoes and hot peppers

Olivia Gamber is the “farmer-in-residence” at Staten Island Urby, a 571-unit, 80/20 mixed-income rental building by Ironstate Development. “Most...

The Staten Island rental that’s luring in renters with tomatoes and hot peppers
Portland, Maine (Credit: iStock)

The states with the biggest share of vacation rentals aren’t where you’d think

Year-round sunshine didn’t help Florida make it to the top of this vacation rental ranking. The states with the...

The states with the biggest share of vacation rentals aren’t where you’d think
Landlords are exploring “creative” ways of mitigating the impacts of the new rent law. (Credit: iStock)

How NYC landlords are trying to get around the new rent law

It was standing room only at 1 MetroTech Center in Brooklyn on Wednesday night. More than 100 landlords and...

How NYC landlords are trying to get around the new rent law
(Credit: iStock)

Manhattan homebuyers continue “camping out” in the rental market: Elliman

Peak “camping” season for Manhattan’s rental market is in full swing. With the caveat of last month’s rent law...

Manhattan homebuyers continue “camping out” in the rental market: Elliman
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