« Back to Previous Page | Real Estate»Reports & Guides»February - 2014 Manhattan And Brooklyn Rentals

Reports And Guides

February - 2014 Manhattan And Brooklyn Rentals

Thumbnail image of February - 2014  Manhattan And Brooklyn Rentals

Report Summary

TheManhattan rental market still is feeling the heat from the sales market asfirst time buyers are being pulled from rentals.  Rental prices remainbelow year ago levels, yet we don’t expect significant relief to tenantsanytime soon.  Larger apartments are seeing more rental price increasesthan smaller apartments.  Although we are seeing a little moreavailability than a year ago, as well as an increased use of concessions bylandlords, conditions still remain tight.   With no anticipated easing ofalready tight mortgage lending conditions and an improving New York Cityeconomy, we look to an active rental market for the foreseeable future.

Download PDF »

 

 

About Our Reports

Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.

Click here for a message from Dottie Herman, President and CEO, Douglas Elliman.

To receive automatic email notifications when new Market Reports are released, click here.

All data is deemed reliable but is not guaranteed accurate by the RLS or Douglas Elliman. See Terms of Service for additional restrictions.

All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

© 2014. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.