Skip Navigation
StreetEasy Logo

Vacancies up, new leases down

Started by 30yrs_RE_20_in_REO
about 6 years ago
Posts: 9877
Member since: Mar 2009
Discussion about
https://www.crainsnewyork.com/real-estate/manhattans-rent-surge-cooling-tenants-push-back "Newly signed leases slipped 13% in October, the sixth year-over-year decline in seven months." One thing not mentioned is that with Preferential Rent gone for many tenants there is a strong incentive to hang on to their current Rent Stabilised lease.
Load More Comments

Add Your Comment

Most popular

  1. How much is this apartment worth today?
    25 Comments
  2. Beautiful Fake Reno
    19 Comments
  3. Losses on Manhattan condos
    52 Comments
  4. Mamdani and rent control
    47 Comments
  5. 35 Sutton Place...coming soon
    81 Comments