Rentlogic is a new entity created to provide NYC apartment renters with a letter grade along with information about landlords whose buildings they are thinking about living in! And, at the same time it could potentially help commercial real estate investors who are trying to do their complete due diligence on a building they are thinking […]
Negatively of course if you are an apartment owner or developer and positively if you are a prospective tenant! Economics 101: More supply in the face of steady or even declining demand, regardless of the product, will lead to lower prices! Of course in the category of luxury Manhattan rental apartments, there are other variables […]
While New York City trails other cities around the country in terms of residential buildings planned or under construction, 7,000 new apartments in Manhattan alone are on the drawing board or currently being built! We have had discussions in the Hallmark Abstract Service blog before that touched on the high cost of living in a […]
