Rent-to-own programs grow, Manhattan rental demand plunges, & more
By Austin Havens-Bowen |July 17, 2020 - 3:30PM
This week, readers visited Brick Underground to learn about rent-to-own condo programs, which have increased in New York City during Covid. There are at least five buildings offering these programs, which enable renters to apply all or a portion of one year's rent toward the purchase price.
Also of interest: The demand for Manhattan rentals hit historic lows in June. The impact of the shutdown resulted in the highest vacancy rate in 14 years, according to Douglas Elliman's monthly report.
Here, in full, are this week's most popular posts.
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