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Wealthy New Yorkers are snapping up rent-stabilized apartments
1+ mon, 2+ week ago (138+ words) Affluent renters occupy approximately ten percent of the total stabilized inventory, securing significant monthly savings compared to current market rates. Real estate experts and housing advocates debate the effectiveness of the current system amid new rent freeze policies driven by…...
New York City Rent Hits a New High: Just in Time for the Class of 2026 - AOL
1+ mon, 2+ week ago (313+ words) Manhattan Rents Are Up 9.0% as All Four Boroughs Post Increases in Realtor.com®'s Q2 2026 NYC Rental Report Nationally, the math is far less punishing for new grads. Measuring the class of 2026 national salary against the median asking rent for a…...
Why Some $5 Million Manhattan Apartments Outperform $15 Million Apartments
1+ mon, 2+ week ago (728+ words) Conventional wisdom suggests that if a $5 million apartment is a good investment, then a $15 million apartment must be an even better one. In my experience, that isn’t necessarily true. After advising buyers and investors in Manhattan for 20 years, I’ve found…...
For Thousands of New York City Apartment Buildings, the Math Doesn't Math
1+ mon, 2+ week ago (1366+ words) This year’s rent freeze is just the latest regulation pushing New York City’s rent-stabilized housing stock toward financial and physical collapse....
Manhattan Rents Soar to An All-Time High in June
1+ mon, 2+ week ago (484+ words) Manhattan’s median rent hit a record $5,295 a month in June. This is a 6 percent surge from the same period a year ago. Even since May 2026, the rent grew by 3% and according to the blog Inhabit from Corcoran, the number of…...
Seven Queens neighborhoods among top 50 priciest in NYC during second quarter of 2026: Report – QNS
1+ mon, 2+ week ago (367+ words) Queens experienced a 6% increase in the median sale price year-over-year, from $560,000 in the second quarter of 2025 to $595,000 in the second quarter of 2026, according to a report by PropertyShark. Despite the median sale price jump, a 9% reduction in sales across the…...
PropertyShark: Almost half of the city’s priciest neighborhoods are in Brooklyn
1+ mon, 2+ week ago (260+ words) Brooklyn Eagle PropertyShark: Almost half of the city’s priciest neighborhoods are in Brooklyn BOROUGHWIDE — ALMOST HALF OF the priciest residential real estate in New York City is now in Brooklyn, according to PropertyShark’s latest report on the city’s 50 most expensive…...
NYC Rent Growth Outpaces US With Borough Divergence
1+ mon, 3+ week ago (477+ words) Chandan Economics’ July 2026 NYC Rent Growth Monitor shows citywide rent growth continues to outpace the national market. However, borough-level trends look less uniform than in earlier months. Manhattan held its lead as the fastest-growing borough, while the Bronx lost momentum…...
Two Hell’s Kitchen Towers Get Green Light — and Pier 76 Could Gain $29.7M
1+ mon, 3+ week ago (224+ words) Publisher & Editor Phil O’Brien is an entrepreneur and journalist. As an international photojournalist, he photographed Nelson Mandela, Mother Teresa, Princess Diana and many others. He built a successful international sports photography agency, EMPICS, that was Getty Images’ major competitor in…...
Manhattan co-ops jump 8.5% as prices hit $895,000 | Habitat Magazine, New York's Co-op and Condo Community
1+ mon, 3+ week ago (388+ words) New York's Cooperative and Condominium Community After years of playing second fiddle, Manhattan co-ops are suddenly outperforming condos, "hinting at a real shift in what buyers want across the borough," according to hoodline.com. The median co-op sale price in…...