StreetEasy: NYC Rents Hit All-Time Highs in July

Manhattan, Brooklyn and Queens rents reached record highs in July “rising to $2,980, $2,453, and $1,996, respectively.”

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Real New Yorkers know how to multitask.

Another month, another report confirming that New York City is an insatiable money pit that will continue to suck you down until you actually find yourself wondering if life in Philadelphia or Denver or, I don’t know, Buffalo might be a “better fit.”

The latest warning comes courtesy of StreetEasy, which found that median rents across Manhattan, Brooklyn, and Queens reached an all-time high in July—rising to $2,980, $2,453, and $1,996, respectively.

The greatest increase happened in Queens, the report found, where median asking rent shot up to $1,996, a 1.3 percent increase from last July. While Manhattan’s median asking rents rose only .2 percent in that time span, rents in Upper Manhattan—the borough’s least expensive submarket—rose by 2.2 percent. Likewise, median rents in South and East Brooklyn shot up 1.8 and 1.5 percent since last July.

“A mix of rising rents and fewer discounts or concessions from landlords shows signs of stabilization after a weaker rental market last year,” said StreetEasy Senior Economist Grant Long, which sounds like it might be good news, but is actually just good news for landlords.

The report also noted that rental discounts and other concessions are down across the board this year.

http://streeteasy.com/blog/july-2017-market-reports/

AirBnB – Hotels Launch Campaign Battles

“A campaign, backed by the Hotel Association of New York City Inc. and the union that represents hotel workers, launched a 10-day, 30-second ad that links Airbnb’s short-term rentals to public security threats.”

The battle between hotels and Airbnb escalates in NYC

Utica, NY area 1BR Rental Property

Utica, NY area

Available 10/1/12 – 5/30/13.

Very pleasant 1 BR with all utilities paid (heat, water, gas/electric, cable and telephone, as needed).
Nicely furnished for temporary need and includes linens, dishes, etc.

Located in quiet neighborhood and parking included.

No pets and non-smokers only please.

lcbertrand54@gmail.com

35 West 33rd Street, NY, NY 10001

35 West 33rd Street, New York, NY 10001

  • A nice and spacious one bedroom apartment and it’s a home that brings smile and comfort.
  • This is a beautiful well kept apartment.
  • Features include:
  • Large one bedroom,1 marble bath
  • Pass through window kitchen
  • Fitness center
  • Laundry on each floor
  • On site garage.
  • 24 hr DM/Concierge.

Concierge
Full Time Doorman
Laundry on Each FloorApartments
fam

matthewrentals@live.com

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124 W 18th St Manhattan – Washington Heights 3BR 4 B

206-350-8543
124 West 18th street manhattan NEW YORK

Beautiful, large 3 bedroom, 4 bath
12 minutes to Times Square via subway which is right around the corner!

Great for families, groups or those who simply want more space.

The layout is wonderful for two couples also as the bedrooms are on opposite ends of the apartment with the bath in the middle.

The Master bedroom has a queen with en suite bath with JACUZZI TUB!!!!!.
The second bedroom has a queen
The third bedroom has a queen
The apartment sleeps 10 in beds.
There are two full sleeper sofas in the living room.

The area is wonderful Washington Heights. Fantastic restaurants!! Some of my favorites are 181 Cabrini Cafe, Emmy Lous,., Mexican (they make some of the best Margaritas in the city as they are made from scratch and have tiny bits of lime…all for $4!!!)

Apartments
j3
206-350-8543
janetravi@yahoo.com

 

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