Browsing All posts tagged under »Rentals«

November 2010 Rental Market Report for NYC, Intricacies Explained

December 9, 2010

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The new Citi Habitats ‘State of the Market’ report just came out and gives us some insight into how the rental market is looking. Topline: – Relative to October 2010, Vacancy rose .05%, meaning 1 more apartment per 2000 was on the market than in October.  Compared to a year ago however, vacancies are down […]

Most Expensive East Village/Lower East Side Rentals (December 2010)

December 6, 2010

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Some talk has been floating around about a new rental on the market at 38 East 1st for $30,000/month.  This makes it the most expensive rental currently on the market in the East Village/Lower East side.  Well why the big fuss?  Oh right, it is asking $30,000 per month.  the rental price tag may make it the […]

US Vacancy Rates drop 0.6% to 7.2%

October 6, 2010

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A few days ago we wrote about the more confident landlord mindset heading into the fall of 2010.  However, due to a small increase in vacancy in the city from the lows of July/August, there was a question of if it would last. Well, an article just released by Reuters discusses how the national vacancy rate […]

Landlords Feel More in Control – But for How Long?

September 30, 2010

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Another article from the New York Times has come out championing the Landlord’s upper hand in what might be ‘a sign’ of a recovering economy.  Concessions for new renters – items like free rent or paid-for broker’s fees – are trimming down as inventory has shrunk from over 2% a year ago.  When times are rough […]

Rare 4BR share under $5,000 in East Village – DW, 1.5Ba, shared patio

September 7, 2010

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This apartment is on the 2nd floor of a converted commercial building. It has 4 BRs and 1.5 Baths. The ceilings are high, and due to the amount of french doors and elevated interior bedroom windows, there is plenty of light. One of the bedrooms has french doors to an interior patio. This is one of […]

Wonderful 2BR in Chelsea $3,200 – Top Floor in Elevator Bldg

August 17, 2010

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Dishwasher, Microwave, King size bedroom, Full size bedroom, beautiful finishes, elevator, friendly live in super, SUNNY, Prewar detail but renovated. This will go very quickly once it hits the market.  Please contact GBraswell@corcoran.com to see it. Thanks to Lenny Grodin for the heads up!

GET IT WHILE ITS HOT!! Updated Blumstein Team NYC Rental Guide

August 4, 2010

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Click for Full Rental Guide PDF Moving to or around New York City can be a complete nightmare.  This, of course, is why we are in the business to make the transition as smooth as possible.  We have put together an updated pamphlet on the practice, you can download it by clicking here: Blumstein Team at […]

“Tear Down This Wall” Dept. Of Bldgs Adopts Reagan’s Line

July 19, 2010

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As the ripples from a tragic event in the Bronx involving two firefighters who perished after leaping from a building have finally hit Manhattan, the landscape of renting in the City is likely to change.  Pressurized walls, so common to the students and young professionals who want to live close to the action or work […]

Rentals Continue to Strengthen in NYC

July 9, 2010

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A recent Bloomberg article just came out with more data ont the current state of Rentals in NYC.  As we have seen first hand on the ground, inventory is shrinking even further (down 32% y-o-y I think).  The average rental is $3000, around $1,800 for a studio.  As of last month, vacancies in the West […]

Blumstein Rental: 7 East 14th – LARGE Union Square 1BR

June 29, 2010

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If you are like most people, having ample space in your home is important to avoid feeling closed in and trapped.  Let’s face it – if you can swing a cat and hit your fridge, a bed post and the bathroom door in one arc (poor kitty) than maybe you need to find a bigger space!  Of […]

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