One in five Manhattan rentals went to a bidding war last month

… In a sign of just how feverish the New York City rental market is Nearly one out of every five Manhattan … $2875 up 162 percent from February 2021 Spiking rents are being caused by a lack of inventory Listings dropped 81 …

By Jennifer White Karp |March 10, 2022 - 9:30AM
2022 NYC real estate forecast: Buyers look over their shoulders, sellers wait for prices to rise, renters catch a break

… 2021 Renters and buyers returned to the city and snapped up apartments Thanks to that burst of demand Covid discounts … cavalry foreign buyers would be returning to snap up the luxury units that had been lingering on the market  The … if borders are closed or not As Chin points out Chinese buy offplan all the time meaning they frequently buy condos that …

By Jennifer White Karp |January 3, 2022 - 9:30AM