Apartment Rentals in New York City – what you need to know.
Posts Tagged ‘Prudential Douglas Elliman ’
Rents rose in Manhattan between 6.2%, as reported by Citi Habitats, and 9.5%, as reported by appraisal firm Miller Samuels and Prudential Douglas Elliman. Exact increases are very hard to pin down, but
Volume of new lease signings triples in third quarter, despite a major hardening in landlords\’ negotiating stances; time it takes to rent out units halved to 38 days.
I don\’t want to be depressing, but there\’s some bad news about the U.S. economy: The U.S. economy clearly is in a recession. The stock market is down, 63,000 jobs were lost in Feb 2008, there\’s a mortgage crisis that\’s being felt all around the world, dollar is weak against the Euro and the yen, and who knows what\’s next….