Skip Navigation
StreetEasy

CitiH: Rents up YOY, but probably going down

Started by jason10006
about 14 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
I know people will scream BROKERBABBLE!!!! But actually read the article. Sounds about right. http://www.crainsnewyork.com/article/20111108/REAL_ESTATE/111109904
Response by jason10006
about 14 years ago
Posts: 5257
Member since: Jan 2009

the former TREGNY also shows rents up YOY

http://www.mns.com/manhattan_rental_market_report

Ignored comment. Unhide
Response by huntersburg
about 14 years ago
Posts: 11329
Member since: Nov 2010

What about in your neighborhood?

Ignored comment. Unhide
Response by jason10006
about 14 years ago
Posts: 5257
Member since: Jan 2009

Jonathan Miller shows them up YOY, both with and without concessions.

http://assets.prudentialelliman.com/NYCPhotos/retail_reports/Rental_Q3_2011.pdf

But its telling that CitiH is willing to admit that they will likely be soft in the coming months.

Ignored comment. Unhide
Response by FedUpRenterHK
about 14 years ago
Posts: 2
Member since: Nov 2011

I live in a luxury high rise in HK and the lease renwals for long-time tenants are HIGHER than the prices being paid by strangers walking in off the street for the SAME apartment??? Anyone else sick of this nonsense ???

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Leveling floors
    20 Comments
  2. Losses on Manhattan condos
    52 Comments
  3. Wealth Gap have a < effect on the working man?
    47 Comments
  4. sub tenant in place
    13 Comments
  5. What is the deal with Brooklyn
    24 Comments