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more proof of the tigttening rental market

Started by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010
Discussion about
the two links provided are for one landlord that has SEVENTEEN mostly prime east side rental buildings. take a look, some pretty nice address'. The second link shows their vacancies. Out of a 17 building portfolio. http://www.davidfrankelrealty.com/Portfolio.aspx http://www.davidfrankelrealty.com/Units.aspx?ut=2
Response by darkbird
over 15 years ago
Posts: 224
Member since: Sep 2009

So I looked the first links and others, and if you have any brains you would figure out right way that these buildings are managed by him, he doesn't OWN.

FIRST link : http://streeteasy.com/nyc/building/110-east-36-street-new_york

Whoops, it's a coop that's managed. Everything else is MANAGED also.

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Response by polydoa
over 15 years ago
Posts: 152
Member since: Feb 2009

the fact that they list few vacancies means NOTHING.
my rental building used to only list one apt per line (studio, 1 BR, 2 BR) on their
website, but once you got into their office they had at least 5-10 available per
type of apt!

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

except assholes, you are wrong on both counts. you have the address, go to the buildings, walk in and see what vacancies there are. this is an old school landlord, no onsite leasing agents. if there are vacancies, you get escorted to the empty apartment by staff.

darkbird
about 1 hour ago
ignore this person
report abuse So I looked the first links and others, and if you have any brains you would figure out right way that these buildings are managed by him, he doesn't OWN.

FIRST link : http://streeteasy.com/nyc/building/110-east-36-street-new_york

Whoops, it's a coop that's managed. Everything else is MANAGED also

darkbird, what does that matter. these are buildings in their portfolio, managed or owned, very very low vacancy rate. cocksucker

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Response by inonada
over 15 years ago
Posts: 7952
Member since: Oct 2008

"darkbird, what does that matter"

It tells us you that have no clue about the landlords or the inventory, rufus.

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Response by inonada
over 15 years ago
Posts: 7952
Member since: Oct 2008

BTW, you've been calling for a rise for 6 months now. Where the hell were you when the market as the market wa dropping 30%?

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

inonada
about 2 hours ago
ignore this person
report abuse "darkbird, what does that matter"

It tells us you that have no clue about the landlords or the inventory, rufus.

i may not now much about anything else, but i know landlords and inventory. which is why i showed this particular landlord as proof.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

it really must be tough to see your point of view disproven month after month....i guess i can figure out where the bitterness and hostility come from

if you look at the stats, the market has risen. and don't quote yoy shit, because it doesnt mean anythinng. what does is that apartment a wouuld have cost x amount of dollars a month or so ago, and now it cost z

can you follow?

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Response by jason10006
over 15 years ago
Posts: 5257
Member since: Jan 2009

Jim jones lies.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

jason10006
about 3 hours ago
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report abuse Jim jones lies.

huh? i wrote the article in the wsj? do you think i created the links above to prove something? i just posted them to show whats happening. believe it or not, but get ready to pay more for that the same space. period

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Response by darkbird
over 15 years ago
Posts: 224
Member since: Sep 2009

rofl. links above prove that you're a moron. google for meaning of a landlord and a managing agent. enlighten us with your next idiocy.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

landlord, managing agent, WHAT MATTERS IS THAT THERE ARE VERY FEW VACANCIES.

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Response by NYC10013
over 15 years ago
Posts: 464
Member since: Jan 2007

Right...rents are up 1%...euro going to implode in the next several weeks to months...that definitely help rents increase 10%...dumbass says what...

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

If landlord are raising rents, and I really have no idea, they are doing so because it makes economical sense for them. Landlords are out to make returns off of their investment. If renting is smart for the landlord, it is hard to make the case that it is smart for the tenant who is looking for a stable place for the family.

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Response by kstiles99
over 15 years ago
Posts: 171
Member since: Oct 2009

I think LLs are raising rent because we are going into June - they are hoping for the annual uptick. I don't see it happening. my 2 cents. Given the low hiring that I see/hear and most people I know still feel uncertain on where things are going to be for the next 18 months, I think many people are being cautious.

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Response by SkinnyNsweet
over 15 years ago
Posts: 408
Member since: Jun 2006

>> If renting is smart for the landlord, it is hard to make the case that it is smart for the tenant who is looking for a stable place for the family.

I think you probably failed economics -- or got a George W "C". All transactions increase utility on both sides.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

So let me get this straight, you believe home ownership is only sensible for Republicans or George W. Bush supporters?

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Response by SkinnyNsweet
over 15 years ago
Posts: 408
Member since: Jun 2006

You probably failed more than economics.

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