March 2025
NYC Rental Market Sees Record Highs in Manhattan and Brooklyn (Globest)
Manhattan rents reached a record high in February — and so have bidding wars for rental units (NY Post)
https://gothamist.com/news/uncertainty-over-federal-cuts-to-nyc-housing-forges-unlikely-allies (Gothamist)
Rent-stabilized units in NYC return to affordable housing market after violation (PIX 11)
January 2025
How New York's new law will change short-term rentals
2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath
Mayor Adams Lays out Ambitious Agenda to Make New York City Best Place to Raise a Family in Fourth State of the City Address
Can Midtown become the next FiDi? NYC looks to build housing in commercial district
October 2024
New York’s Apartment Rental Market Signals It May Be Peaking (CoStar)
Rental Competition: Not Just a New York Thing (NYT)
NYC’s Airbnb crackdown has sparked an underground market for home shares — and these startups are looking to cash in (NYP)
Lefty NYC Council add-ons to mayor’s ‘City of Yes’ would worsen housing crisis (NYP)
When will America's rental prices come down? (The Week)
July 2024
Manhattan apartment hunters leased smaller rentals in June (Brick Underground)
New York City’s Apartment Shortage Is Set to Get Even Worse (Bloomberg)
Real estate rising star points to new direction that could ‘disrupt’ entire housing market (Fox Business)
Is the housing market going to crash? What the experts are saying (Bankrate)
Hey NYC: Get ready for another summer of record rents (The Real Deal)
Manhattan Renter Bidding Wars Hit Record High in Heated Market (Bloomberg)
May 2024
Sluggish Local Rental Market Reflects National Trend (Santa Monica Lookout)
Rental Market Trends in the U.S. — Inflation Data Finally Shows Some Rent Growth Slowdown (NerdWallet)
Even Tech Workers Can't Afford NYC Rentals (The Real Deal)
More N.Y.C. Rentals Are Available. But Can You Afford One? (The New York Times)
NY rents notch April record, signaling another hot summer ahead (The Real Deal)
April 2024
New Housing Policy Could Trigger Development Boom In New York City (Forbes)
NYC Rents Remain High as Mortgage Rates Hold at 7 Percent (The Real Deal)
We need to fix New York's broken rental system (Zillow Group)
NY's Housing Deal Is Here. What Does It Mean for Tenant Stability? (City Limits)
NYC's Rent Stabilization Law Is Extended To 2027 (OurTownNY)
February 2024
New York City sees tightest rental market in more than five decades (Politico)
New York City's Housing Crunch Is the Worst It Has Been in Over 50 Years (The New York Times)
New York, You’re Squeezing Out the Young and Ambitious (Bloomberg)
Manhattan Renters Paid More Than Ever Per Square Foot in January (Mansion Global)
Nov. 2023
For some Americans, affording rent means giving up traveling home for the holidays (USA Today)
NYC Rents Retreat From Record Highs as Market Starts to Cool (Bloomberg)
‘Bright and beautiful’ NYC rental was an active construction zone that forced tenants out: lawsuit (NYP)
NYC rents shift into reverse (The Real Deal)
Sept. 2023
July 2023
NYC rents shatter yet another record — with no signs of slowing down (The Real Deal)
New York City Free Market Multifamily: Pocket Of Strength Amid Regulations, Lack Of Housing (Forbes)
This Bronx Neighborhood Is One of NYC’s Hottest Apartment Markets (WSJ)
Rent-mania: Want to live in Manhattan? You better think twice. (Yahoo Finance)
June 2023
After biggest stabilized-rent hike in decade, here's how NYC compares to other US cities (USAToday)
NYC renters could be spared costly broker fees under new City Council bill (NYP)
Do the math, Rent Board: Let NYC landlords charge enough to pay their bills (NYP)
Understanding Rent Regulation in N.Y.C. (NYT)
Feb 2023
Here's How Much You Need to Make to Land Apartments in Hottest NYC Neighborhoods (NBC)
Report: Manhattan rent was nearly $5,200 in February (CBS)
While Rent Prices Dropped Around the Country in March, Manhattan Hit a New Record High (Entrepreneur)
New York City rents soar to a record high, nearly double the price of living in LA (Daily Mail)
Nov 2022
The average rent in Manhattan jumped to $5,249 in November — and may not fall any time soon (CNN)
NYC rent prices rose 16% over last year in November, even as national prices cool (Yahoo News)
NYC Rents, Rise Anew in November— Lease signings fall, a sign renters are being priced out (Investopedia)
As housing prices surge, rent control is back on the ballot (NY1)
October 2022
New York City real estate has entered a ‘tornado market’ — the prevailing mood is one of ‘disquiet’ (Market Watch)
Season Change, Mood Change In Q3: One Size Does Not Fit All In New York City Real Estate (Forbes)
‘Where Am I Going to Go?’ Floridians Hit by a Hurricane and a Housing Crunch (The New York Times)
It’s the perfect starter home. But it’s only for rent (The Washington Post)
Real Estate Developments Bounce Back in New York City (The New York Times)
Mortgage Rates Hit 7%, Housing Prices Expected to Fall (The New York Times)
Sep 2022
Fed up New Yorkers are taking to TikTok to lament rat-infested apartments and ridiculous rent hikes that are making living in the city impossible (Insider)
Dubai Office Rents Are Rising Faster Than in New York and London (Bloomberg)
New York pols revive push to kill broker fees (The Real Deal)
FTC: Rental startup Roomster cheated apartment hunters out of $27M (The Real Deal)
Chipping Away at New York’s Housing Crisis: Revisiting Legislative Discretion for Rezonings (NYSBA)
August 2022
3 Reasons Why Your STR Investments Should Track Migration Patterns (Forbes)
Brooklyn industrial real estate market stays strong (Brooklyn Daily Eagle)
Why it’s so hard to Find an Affordable Apartment in New York (The New York Times)
The cities where rent prices have skyrocketed the most in 2022—with four U.S. cities in the top 10 (Fortune)
Top Cities Where Renters Could Save The Fastest For A Starter Home (Forbes)
July 2022
What’s Up With the Crazy Housing Market? (The New York Times)
These Homeowners Decided to Rent Again (The New York Times)
Horrifying NYC rental market fuels hourlong lines to see tiny apartment (New York Post)
‘It’s nuts’: Real-estate agents describe chaotic bidding wars in New York City’s red-hot rental market (Market Watch)
Five things to know about the next US housing crisis (ALJAZEERA)
US rental market finally starting to show signs of cooling off (New York Post)
June 2022
Median Rent in Manhattan Reaches a New High (The New York Times)
When the Best Available Home Is the One You Already Have (The New York Times)
Real Estate Is the Crisis Risk to Watch Now (Bloomberg)
What Landlords Privately Think About the Real-Estate Boom (Curbed)
Parents Are Buying Homes for Kids Priced Out of the Housing Market (Bloomberg)
May 2022
Pandemic flashback: Record high rents are driving people back out of NYC (New York Post)
Today And Tomorrow: A Tale Of NYC's Multifamily Market (Forbes)
Dwellsy Data Shows Rent Increases Accelerating (NEWSWIRE)
Homes in these 14 NYC neighborhoods are now more expensive than Manhattan (New York Post)
The extraordinary wealth created by the pandemic housing market (The Denver Post)
April 2022
Landlords offer to re-open 20K warehoused apartments (The Real Deal)
New York Real Estate Market Remains A Juggernaut In The First Quarter (Forbes)
Manhattan real estate sales hit record $7.3 billion in first-quarter (New York Post)
NYC Pushes Landlords to Keep Apartments Warmer Than 62 Degrees (Bloomberg)
NYC is back: The average rent in Manhattan just hit an all-time record of $3,700 (Fortune)
March 2022
Rents Are Roaring Back in New York City (The New York Times)
Bidding wars in NYC: Tenants scramble for apartments, rents skyrocket as COVID deals vanish (US Today)
Why you don’t want to rent a one-bedroom apartment in New York City (New York Post)
NYC rents continue to rise (FOX 5 NY)
New York Can Build More Affordable Housing, Fast. Here’s How (The New York Times)
February 2022
Blackstone expands further into rental housing in the United States (The New York Times)
Manhattan rents surge 23%, nearing all-time record (New York Post)
Progressives and Hochul Battle Over Fate of $1.7B Developer Tax Break (The City)
Three large law firms craft $5.8 bln Blackstone real estate buy (Reuters)
Blackstone buying multifamily REIT in $5.8B deal (The Real Deal)
January 2022
New York City rents jump 22.8% in November, as the rental market bounces back (CNBC)
If This Deal Is Any Guide, New York Rents Aren’t Going to Calm Down Anytime Soon (CURBED)
For New York City Rentals, the Leasing Frenzy Has Subsided But Prices Continue to Rise (Mansion Global)
Rental Market News of 2020
Dec 2020
It’s Time to Reignite New York’s Social Housing Revolution( Indypendent)
What’s Ahead for New York City Housing in 2021 (Citylimits)
NYC rent declines surpass those of the great recession(Yieldpro)
As Rent Prices Fall, New York Landlords Begin to Find Tenants Once Again(cheddar)
New York rent prices fell more this year than during the 2007-09 recession(New York Business Journal)
New York’s Falling Rents Are Doing Little For Its Housing Plan(Bloomberg Wealth)
How a Current NY Loan Still Wound Up in Hot Water(Globest)
Nov 2020
New York's rollback of coronavirus reopening threatens rental market recovery (Fox Business)
Big drop in Manhattan apartment prices begins to lure back younger renters (CNBC)
NYC Apartment Rents Slip Back to 2011 Levels (Globest)
Apartment Rents Are Plunging in the World's Richest Cities. It's Time For You to Negotiate (Bloomberg)
New York Real Estate Market: Prices | Trends | Forecast 2021 (Noradarealestate)
A Better, Cheaper Apartment for Renters Who Stay in New York (The Wall Street Journal)
How this New York City couple got their $4,000-a-month rent reduced during the pandemic(CNBC)
Oct 2020
Empty rental apartments in Manhattan triple, nearly hitting 16,000 (CNBC)
Reports of NYC’s real estate market crash have been greatly exaggerated (NYPOST)
NYC Rental Market Poised To Become Priciest In The Country(Patch)
Rent? Buy? Run to the Burbs? Deciphering New York’s Wild Real-Estate Market (Curbed)
Manhattan Hits a Virus Milestone: Median Rent Below $3,000 (New York Times)
Manhattan’s Rental Market Is All About Concessions And More Concessions (Forbes)
NYC Apartment Rents Slip Back to 2011 Levels (Globest)
New York City’s Falling Rents Reflect the Pain of COVID-19 (U.S.news)
Sep 2020
Manhattan rental market plunges, leaving 15,000 empty apartments in August(CNBC)
Rents Are Down in Manhattan, But Up in Neighborhoods Hit Hardest by COVID-19(Curbed)
It’s A Renter’s Market As Manhattan Vacancies Hit Record High(Forbes)
Manhattan Rental Vacancy Surpassed 5% in August(Mansion Global)
Aug 2020
Manhattan Vacancy Rate Climbs, and Rents Drop 10% (NY Times)
Vacancies in Manhattan Are Piling Up — That’s Good News If You’re a Renter (Curbed)
Manhattan Retail Struggles as Rent Plummet to Lowest Level Since 2011 (Hypebeast)
NYC fines Manhattan building owner $290M for illegal short-term rentals （NYDailyNews）
Manhattan’s Ultra-Luxury Rental Market Has Cratered (Bloomberg)
Rent Now Slightly Less Too Damn High In Manhattan (Gothamist)
COVID-19 has broken NYC’s housing market (New York Post)
Covid Effect On Rental Markets: Pricey Cities Become Cheaper, Cheaper Cities Become Costly (Forbes)
Rents are down, vacancy rates are up in NYC rental market (Marketplace)
Empty apartments in Manhattan reach record high, topping 13,000 (CNBC)
July 2020
NYC Rental Market Pushed to Breaking Point by Tenant Debts (Bloomberg)
The state of NYC's rental market amid the pandemic (PIX11)
It’s Easier Than Ever to Find a Short-Term Rental in NYC (Curbed)
State of rental market in NYC (WPIX New York City, NY)
New York Rents Fall as Vacancies Rise (The New York Times)
Here’s How COVID-19 Is Affecting New York Rent Prices (Forbes)
Manhattan rental vacancy hits another all-time high (The Real Deal)
New York’s Rents Drop as Vacancies Increase. Could Rent Regulation be Next Thing to Fall? (The City)
Manhattan Rents Nosedive in July (NY1)
June 2020
Why Rents Haven’t Dropped in New York City (NYTimes)
Momentum Swings Back in Favor of NYC Renters as Landlords Keep Making Concessions (The Jewish Voice)
Real Estate Industry Alerts Tracker - June 18, 2020 Issue (Lexology)
30% of Americans missed their housing payments in June (CNBC)
NYC Rental Market Continues to Decline Amid Pandemic (Commercial Observer)
May 2020
Manhattan new rentals plunge 71% as coronavirus freezes the market (CNBC)
Rent cuts and lease slumps: Is now the time to land a deal on a NYC apartment? (Curbed New York)
New York City rents likely to go lower due to coronavirus crisis, says real estate appraiser (CNBC)
NYC Apartment Leasing Slides, With Potential for Rent Cuts Seen (Bloomberg)
Coronavirus-hit NYC could see rent cuts as apartment rentals plummet (Fox Business)
April 2020
Big NYC landlords feeling coronavirus effects on rent (Fox Business)
With rent coming due, Cuomo eyes “options” (The Real Deal)
De Blasio To Rent Guidelines Board: Pass Rent Freeze Quickly (Patch)
'Cancel the Rent' Could Be Just the Beginning (CITYLAB)
Landlords push for federal relief (POLITICO)
Rental Market News of 2018
Dec 2018
Nov 2018
Oct 2018
AvalonBay considering $150M condo play at Columbus Circle rental tower (TRD)
102 affordable apartments in massive Hell’s Kitchen rental now up for grabs (Curbed NY)
Manhattan Builders’ 5-Year Plan: 33,000 New Rentals and Condos (Bloomberg)
Luxury apartments totally dominate the rental market (CBSN)
The Return of Rent Control (NR)
Sep 2018
Manhattan’s rental market is stuck in a “slow grind” (TRD)
Rental prices are inching up — but there are still plenty of bargains (TRD)
Buyers on the sidelines are giving a boost to high-end Manhattan rentals (TDR)
NYC’s housing crisis accelerating as low-rent apartment stock declines: report (Curbed NY)
Nationwide Overbuilding Causing Rents to Plummet (TRD)
REBNY Broker Confidence on the Decline (TRD)
Aug 2018
July 2018
New York City proposes sweeping new rules for security deposits (HW)
NYC rental market’s ‘slow grind’ keeps prices down (Curbed NY)
Open thread: How has your rent changed since you moved to NYC? (Curbed NY)
These NYC neighborhoods offer the most incentives for new renters (Curbed NY)
There’s a supply glut. And Manhattan rental prices keep dropping (TRD)
Rental Market News of Jan to June 2018
Finding Your First Apartment (NYT)
More Investors Turning Condos Into Rentals (Habitat)
Is New York City housing actually getting more affordable? (Curbed NY)
With new buildings eager to fill vacancies, seasonal housing deals are on the rise
Election could distort already brutal rental market (Crain's)
NYC landlords offer more concessions than ever as demand for affordable rentals grows (Curbed NY)
Pick a borough: Rents are falling, and fast (Crain's)
Rents Are Falling Fast in Some NYC Boroughs (Bloomberg)
A broken record? Concessions again reach new highs in Brooklyn, Queens (TRD)
Nearly 250,000 NYC rental apartments sit vacant (6sqft)
What $2,300 rents in NYC right now (Curbed NY)
NYC renters care more about price than location: study (TRD)
Renters have the upper hand in LIC (TRD)
Rental concessions in Manhattan hit highest level in nearly 8 years
Concessions hit record highs once again in Brooklyn and Queens
New York's Have and Have-Not Housing Market
A renter’s guide to Downtown Brooklyn
Manhattan tenants get big breaks as rents fall most since 2011
Economy Watch: Apartments Rents Falling in Some Major Markets
There's a growing difference between renting one and two-bedroom apartments in America
The 5 Cities Where Rent Increased the Most in 2017 Will Surprise You
There's a weird divergence happening in a bunch of US apartment rental markets
Blockbuster Land Sales Might Be A Thing Of The Past In NYC
Extell’s cushy East Village building arrives, renting from $3,695/month
Manhattan rents stay flat in February
Rental concessions still sky high in Brooklyn and Queens
Despite concessions, Manhattan rents continue to slide
Sept. 2024
Airbnb Urges NYC to Scale Back Short-Term Rental Regulations (Bloomberg)
City rents fall again, likely ending chance of another annual record (Crain’s New York)
NYC Apartment Renters Get Some Relief From Record-High Prices (Bloomberg)
Rents for NYC rent-stabilized apartments going up 2.75% starting Tuesday (Gothamist)
Holdout tenant digs in against developer at massive Kips Bay project (Crain’s New York)
June 2024
Unraveling The Aftershocks Of Rent Stabilization In New York City’s Multifamily Market (Forbes)
Chi Ossé’s brokers’ fee bill will make the NYC housing market worse (New York Post)
Manhattan Apartment Rents Drop Even as Leasing Activity Picks Up (Bloomberg)
New Yorkers Who Need Help With Rent Can (Finally) Join a List for Help (The New York Times)
NYC Council Asks: Who Should Pay the Broker Fee? (City Limits)
NYC Residential Rental Market Report: June 2024 (Inhabit: a blog from Corcoran)
March 2024
Manhattan rents are falling, while asking prices in one borough are skyrocketing (NBC)
Manhattan median rent reached the second-highest March on record (Brick Underground)
Rents Are Flat — or Up, or Down, Depending Where You Look (The New York Times)
New York City Housing Market Continues To Tighten (Fordham Observer)
Accurately Assessing and Effectively Addressing Vacancies in NYC's Rent Stabilized Housing Stock (NYC.gov)
January 2024
Spotlight: New York City’s Rental Housing Market (NYC.gov)
Manhattan Renters Get No Relief in a Still-Competitive Market (Bloomberg)
What's happening with the NYC rental market? (Brick Underground)
Manhattan Residential Vacancy Rate Ticks Up as Brooklyn Rent Spikes (Commercial Observer)
Dec. 2023
Manhattan median rent falls for the first time in over two years (CNBC)
NYC’s Short-Term Rental Laws Makes Things Worse For All Renters (Forbes)
NYC’s rent may decrease in one borough in 2024, StreetEasy study reveals (PIX11)
NYC apartment panned as ‘glorified prison cell’ comes with shockingly high rent price — and prime location (NYP)
October 2023
Help wanted: NYC needs it as rental market goes down the tubes (NYT)
NYC rents dipped slightly last month and that’s pretty much as good as it gets for renters (Brick Underground)
1 in 3 New Yorkers spends half their income on rent: ‘staggering’ report (NYT)
The Daily Dirt: NYC’s basement apartment problem (The Real Deal)
August 2023
Why Are NYC Rents So High? It’s Complicated (The City)
NYC Apartment Rents Hit New Highs in July, But They Might Have Peaked (Commercial Observer)
NYC is cracking down on short-term rentals. What does that mean for the housing market? (Marketplace)
NYC’s new black market for short-term rentals: A throwback to the time before Airbnb (Gothamist)
NYC rents are through the roof (The Real Deal)
August 2021
New Yorkers returning to the office reckon with an overheated rental market (NBC News)
New York just surpassed San Francisco as the most expensive rental market in the U.S. (CNBC)
How to Compete in New York City’s Resurgent Rental Market (Bloomberg)
A New York City Home for Less Than $350,000 (The New York Times)
After a Year of Near Record Lows, Manhattan Rents Jump Back Up to $3,000 (Street Easy Reads)
July 2021
Competition for NYC rentals intensifies as listings dwindle (The Real Deal)
NYC Condo Buyers Are Less Keen on Becoming Covid-Era Landlords(Bloomberg)
Hosting an Airbnb Right Now Is Harder Than You Think(The New York Times)
Want to Rent Your Dream Apartment? Prepare for a Bidding War(The New York Times)
New Yorkers Flock Back To The City And The Race To Find Apartments Is As Hard As Ever(CNBC)
No, ending NY’s eviction moratorium won’t lead to a homeless tsunami(NYPOST)
June 2021
New Buildings Lure Tenants With Free Rent (The New York Times)
Finally Making It to Manhattan(The New York Times)
Rental market heats up in New York City (Yahoo Finance)
Going Back to the Office Means Long Island City’s Rent Deals Are Over(Curbed)
NYC’s simmering rental market set to catch fire, landlords, brokers and economists say(New York Business Journal)
The New York City Recovery Index: May 31(investopedia)
Ignoring The "invisible" Competition Will Cost Your Property Occupancy And Revenue(hospitalitynet)
What the Resurgent Real-Estate Market Means for NYC(NYMAG)
New York Rents Appear Close to Bottom(The New York Times)
Housing rush: In-person school adds fire to rapidly heating market(The Real Deal)
NYC rent is still pretty cheap, and it's luring New Yorkers back to the city(Insider)
May 2021
Fair Market Rent Rates In New York City AreaI(Patch)
Airbnb rentals could be required to register with NYC says Manhattan lawmaker Ben Kallos(NY Daily News)
NYC’s Q1 2021 Multifamily Market By The Numbers(Forbes)
New York City May Freeze Rent Again for More Than 2 Million Tenants(The New York Times)
The New York City Recovery Index: May 3(investopedia)
New York City's luxury rental market is booming with prices up 6% this year while London's continues to tumble under travel restrictions(DailyMail)
Apr 2021
A Home Buyers’ Bonanza in Manhattan(The New York Times)
COVID Takes a Toll on New York City’s Real Estate Market(nycitylens)
Manhattan Renters Scoop Up Lingering Units in Discount Frenzy(Bloomberg)
Bot and sold: High-tech robotic homes are taking over NYC(NYPOST)
NYC rents are in free fall, now reaching record lows(NYPOST)
NYC rents hit record lows at the start of 2021(TheRealDeal)
New York City rents hit record lows in first quarter of 2021 amid COVID-19 pandemic(DailyNews)
NYC Rents Keep Falling. How Long Will It Last?(gothamist)
Albany’s ‘Good Cause Eviction’ spells bad news for NY’s housing market(NYPOST)
The Brooklyn-Manhattan Rent Gap Is Shrinking Fast(The New York Times)
Mar 2021
He Tested Manhattan’s Rental Market Mid-Pandemic. But What Could He Find for Less Than $3,000?( The New York Times)
2021 New York City Real Estate Market Investing Forecast(millionacres)
New York’s Plunging Rents Are Luring Bargain Hunters to Their Dream City( Bloomberg)
Twenty-somethings in NYC are finding their dream apartments on TikTok(ABC7NY)
NYC landlords are sitting on apartments because rent is getting too cheap. They'd rather keep them empty.(Business Insider)
NYC's Multifamily Vacancy Rate Lower Than National Average: Why Are Investors Panicking?(millionacres)
Remote Work Is Here to Stay. Manhattan May Never Be the Same(The New York Times)
Feb 2021
Historic rent drops continue across NYC(Fox5NY)
Despite Deep Rent Cuts, Essential Workers Are Mostly Left Out(The New York Times)
What NYC rental market could look like in 2021, compared to 2020(PIX11)
NYC residential rents will take years to rebound, experts say(FOX5NY)
NYC’s comeback: Manhattan, Brooklyn leases rebound since 2008 market crash(NYPOST)
How the Pandemic Blew Up Rents(The New York Times)
Here’s where NYC’s real estate market stands right now(nypost)
Rents, Home Prices In New York City Drop At Steepest Pace On Record In January(Forbes)
NYC rents and home prices continue to fall with no end in sight(brooklyneagle)
Rent hikes in the NY area are the lowest in 60 years because of COVID, data shows(Newsday)
Despite Deep Rent Cuts, Essential Workers Are Mostly Left Out(The New York Times)
Jan 2021