Gap widens between Manhattan and Brooklyn median rents as demand for luxury rentals surges

… apparently a way to track the strength of the New York City rental market relative to the economy For example the spread … above since 2008 He notes that throughout 2022when interest rate hikes lifted mortgage rates and pushed wouldbe buyers into the rental market and rents set or came close to new records …

By Jennifer White Karp |March 9, 2023 - 9:00AM
Buying plans on hold for now? Here's what you can do to gain an advantage later

… them fleeing from the market But even buyers who dont need financing are sitting out Kimberly Jay a broker at Compass … dont have a lot going for them especially those that need financingbut Lee see one advantage Days on the market He … to the buyer meaning you have an advocate during negotiations … You Might Also Like … …

By Jennifer White Karp |October 25, 2022 - 9:30AM