Manhattan’s townhouse market saw a Jekyll-and-Hyde 2020: Sales slowed to a halt during first half of the year but skyrocketed during the 4th Quarter.
New York City
February was an excellent time to be an apartment-hunter in Manhattan and Brooklyn: Rents dipped across both boroughs, but inventory dropped, too.
Optimism generated by the long-awaited arrival of COVID-19 vaccines may be having a positive effect on the rental market in Manhattan and Brooklyn.
December was a good time to be an apartment-hunter in Manhattan and Brooklyn: Rents dipped, inventory was robust, and incentives were plentiful.
For apartment hunters in Manhattan and Brooklyn, rents continued to fall during November, and move-in incentives became even more generous.
This holiday season, it’s never been more essential to support the small businesses that splash color on the urban canvas and keep our blocks vibrant.
As rents declined and inventory continued to rise across Manhattan and Brooklyn, the market countered with more aggressive move-in incentives.