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bidding war
Getting the NYC rental you want may require thinking like a buyer
… The good news You found a New York City rental apartment you adore The bad news So did the 20 other people milling around …
What is an escalation clause and what are the risks?
… price Sellers could wind up landing at a lower price than what might be generated by simply waiting for other offers … price As a seller you risk selling at a price lower than what might be generated by simply waiting for other offers … willing to abide by the terms agreed upon Pappas says … What are the risks to buyers … The biggest risk of an …
Manhattan median rent climbed to record high in January
… The New York City rental activity picked up the pace in January after a lull … new records again In fact Manhattans median rent was the highest on record for the month of January and the … … Competition for Manhattan luxury rentals is spurring a rise in bidding wars more so than in the general market …
