Manhattan vacancy rate hits grim 5 percent benchmark

… 5 percent in Augusta theoretical benchmark for preserving rentregulated apartmentsand just one of several grim records that underscore how weak the New York City rental market has become The number of rental listings on … part of 2020 NYC buyers feeling uncertain about the new federal tax law put off buying and instead  scooped up …

By Jennifer White Karp |September 10, 2020 - 9:30AM
If you’re willing to apartment hunt now, Manhattan is a ‘buyer’s market on steroids’​​​​​​​

… the amount of listings availabledouble what you normally see for Augustis contributing to what a new weekly snapshot … tax the report says Manhattan was the only borough to see record monthovermonth growth in July gaining 19 percent … to July 2019 Sales activity for this borough did not see the same boost as the othersit was down 41 percent for …

By Brick Underground |August 25, 2020 - 2:00PM
Buyers shunned Manhattan co-ops and condos for suburbs in July

… The number of new listings on the market jumped in New York City and several suburban markets inflating inventory … at new signed contracts and listings for Manhattan Brooklyn Long Island Hamptons North Fork with the addition of three new …

By Jennifer White Karp |August 6, 2020 - 12:30PM
Here are the NYC apartments for sale with the deepest price chops in July

… Price chopping in New York City intensified with more sellers cutting prices in July than in … 77 in June according to a new RealtyHop report The cuts happened during the first full month that inperson showings were … to the market and  signed contracts surged towards the end of July  In July the Upper East Side and Carnegie …

By Austin Havens-Bowen |August 4, 2020 - 1:30PM