Manhattan rents fall $500 a month
A $500 drop in rents is drawing people back to Manhattan, according to a new report from Douglas Elliman. With landlords piling on concessions, new...
Tag : 3Q 2020
Apartment giant feels COVID pain but won’t give up on New York
Apartment giant Equity Residential is blaming urban flight and COVID lockdowns for weak third quarter results. The company just reported that difficult coronavirus conditions in...
COVID gives first-time buyers a shot at Manhattan condo life
First-time buyers drove the new development market in Manhattan in Q3 2020, picking up studio and one-bedroom residences, while buyers in Brooklyn sought more space...