From the category archives:

Renters

Renting as a means to living beyond your means: a new rent vs. buy perspective

by Honeycrisp May 20, 2011

It’s not uncommon, every few months, to hear of the rent-buy debate pick up in NYC real estate, whether it be catalyzed by a shift in interest rates or a change in prices.  Usually, people point to the merits of one over the other based on financial ratios and long-term investment prospects.  Well, we’re here [...]

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The extinction of the mom & pop landlord

by Red Delicious April 26, 2011

We’ve often been asked by our readers to put more of a stake in the ground and take a stronger stance in our writing.  In the spirit of fully embracing this suggestion, we are predicting the extinction of the “mom and pop” landlord.  That’s right: we boldly declare that these landlords will disappear from the [...]

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McKinsey’s spoon full of sugar: the future of NYC in 2025 … and what it may mean for real estate

by Honeycrisp April 18, 2011

It’s one thing to purchase a home due to your own personal and life cycle needs.  It’s an entirely different proposition to do so as a long term investor.  Macro factors that must be considered span from currency outlooks and demographic trends to global competitive positioning and GDP growth rates.  This is where a recent [...]

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Rent stabilization: what you need to know

by Red Delicious April 14, 2011

With Spring seeming like it’s finally here to stay, many tenants are getting ready to take the plunge and move into a new apartment.  Most likely, you will come across rent-stabilized apartments and we though you should understand what it all means.  So what does rent-stabilization get you and what should you watch out for? [...]

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Do rentals have vintages? Why 2009 was a great year

by Honeycrisp April 11, 2011

When you consider the decision to stay in your current building or rent in another, it pays to understand your particular rental vintage year and where it sits with respect to today’s market.   For those movers among you peeking at the market for the last few months, you may be getting nervous about your rental options [...]

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Top 5 Trends for NYC in 2011

by Honeycrisp January 28, 2011

With 2011 off to a good start, we thought we would put a stake in the ground and make some calls about the trends that NYC is likely to see this year.  None are particularly controversial or earth-shattering (we’re not about blowing your hats off) … but definitely some food for thought for you real [...]

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2011 Predictions and Trends

by Honeycrisp January 20, 2011

1.  Mom and pop landlords or those of established, larger buildings will have to renovate their inventory to keep up with the market.  With the rental market rebounding with gusto, landlords are realizing that they need to have their inventory be fresh and updated enough to warrant charging today’s rising rents.  Couple this with the [...]

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Top 7 Lessons Learned for Renters in 2010

by Red Delicious January 11, 2011

It’s no longer a renter’s market:  With so many stories from friends and co-workers of the phenomenal deals grabbed in the previous year, it came as quite a blow for many tenants looking to make a switch in 2010.  Landlords negotiated less and concessions diminished.     Inventory talks:  Inventory was quite slim throughout the year, despite [...]

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Manhattan Real Estate New Year’s Jingle 2010

by Honeycrisp December 31, 2010

T’was the night before New Year’s when, for a moment in time, An exhale could be heard… the collective unwind. After cheating a meltdown only one year ago New Yorkers were set for a market plateau. Bears, as they do, thought home prices would fall Making NY “affordable”, once and for all. Bulls thought the [...]

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What to do if your lease runs out mid-winter

by Red Delicious December 2, 2010

Despite Summer being squarely behind us, the rental market remains quite tight.  We are somewhat perplexed by the lack of good inventory at medium price-points (i.e. $2k studios, $3k one bedrooms, $4.5k two bedrooms, etc.) What ever happened to the shadow inventory of new condo buildings? Did landlords learn from the downturn and were they [...]

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