RENT NOW OR FOREVER BE PRICED OUT! ---------------------------------------------------- New apartment rentals in Manhattan more than tripled in the third quarter, as landlords offered fewer concessions and tenants sought better deals by moving out. New leases signed surged to 8,593 from 2,549 a year earlier, according to a report today by appraiser Miller Samuel Inc. and property broker Prudential... [more]
RENT NOW OR FOREVER BE PRICED OUT!
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New apartment rentals in Manhattan more than tripled in the third quarter, as landlords offered fewer concessions and tenants sought better deals by moving out.
New leases signed surged to 8,593 from 2,549 a year earlier, according to a report today by appraiser Miller Samuel Inc. and property broker Prudential Douglas Elliman Real Estate.
The median price of a new apartment lease in Manhattan rose 1.7 percent in the quarter to $3,000, according to Miller Samuel and Prudential.
http://www.bloomberg.com/news/2010-10-07/manhattan-new-apartment-rentals-triple-as-fewer-deals-spur-tenants-to-move.html[less]
Response by Riversider
about 15 years ago
Posts: 13572
Member since: Apr 2009
Median is better than mean as a measure.
Ignored comment.
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Response by jason10006
about 15 years ago
Posts: 5257
Member since: Jan 2009
But price PER SQUARE FOOT was down in the same report, both Q-on-Q, and YoY. In all four areas of Manhattan, by geography, and for all apartment sizes save 1-bds.
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Median is better than mean as a measure.
But price PER SQUARE FOOT was down in the same report, both Q-on-Q, and YoY. In all four areas of Manhattan, by geography, and for all apartment sizes save 1-bds.