Rental Market


The Latest

Gov. Andrew Cuomo (Getty, iStock)

Cuomo to ease requirements for rent relief

The eligibility requirements for New York’s rent-relief program will be relaxed so that more can access the funds. Details of the specific changes to the program were not provided, but sources said Gov. Andrew...

Cuomo to ease requirements for rent relief
Falling prices and concessions are bringing Manhattan and Brooklyn renters back (iStock)

New leases in Manhattan and Brooklyn surge: Elliman

Brooklyn and Manhattan prices have finally come down enough to pull renters back. It could be an early indicator...

New leases in Manhattan and Brooklyn surge: Elliman
From left: State senator Jabari Brisport and State Assembly members Jennifer González-Rojas and Phara Souffrant,  (Photos via Victory Fund; Facebook; Pharaforassembly)

New York’s own “squad” heads to Albany

Numerous progressive state candidates, some endorsed by the Democratic Socialists of America, will take their seats in the state...

New York’s own “squad” heads to Albany
(Getty, iStock)

NYC rents and inventory dipped in October

Rents across the city continued their downward spiral in October, even as the number of apartments on the market began to wane, an analysis by The Real Deal found. In Manhattan, the median rent...

NYC rents and inventory dipped in October
Equity Residential chairman Sam Zell (Getty)
National

Equity Residential sees profits drop 58%

Sam Zell’s Equity Residential was hit with a 58 percent decline in income in the third quarter, with urban flight severely impacting its apartment portfolio. The REIT’s net income in the third quarter was...

Equity Residential sees profits drop 58%
(iStock)
Insights

Dead weight: A breakdown of NYC’s rental listing glut

The pandemic and subsequent shutdowns have dealt a serious blow to New York City landlords, sending vacancy rates soaring...

Dead weight: A breakdown of NYC’s rental listing glut

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