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Articles Archive for 8 July 2011

Brokers Weekly, Construction & Design, Featured »

[8 Jul 2011 | 3 Comments | ]
Carter Horsley’s Top 10 glass-clad Manhattan buildings

By Carter Horsley

Carter Horsley, veteran real estate reporter, returns with a list of his Top 10 glass-clad buildings. Selections include the works of Jean Nouvel, Richard Meier, David Childs and Costas Kondylis, spanning Columbus Circle, the Village and downtown.

Brokers Weekly, Featured »

[8 Jul 2011 | No Comment | ]
Not quite a boom, but rents heat up

By Roland Li

Manhattan rents are shot up as vacancy rates remained low, according to second quarter reports released last week by Citi Habitats and Prudential Douglas Elliman. Citi Habitats reported rent increases between 2.4% to 4.9% for studios, one, two and three bedrooms, compared to the first quarter of 2011. Rents were up between 9.1% and 11.3% compared to the second quarter of the previous year. The data is based on Citi Habitats’ closed transactions during the time periods. The brokerage had a vacancy rate of 0.72%, the lowest number since the firm began tracking the data in 2002.

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