From the category archives:

Renters

The last bastion of rental value: co-ops

by Red Delicious June 1, 2011

With the rental market the tightest it’s been in years, and with prices set for some real increases this summer, you may be scratching your head as to where you can get some real value.  The answer may well be co-ops.  With the advent of ultra-luxury rental towers and the proliferation of condo rentals, it [...]

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Where in Manhattan it pays most to upsize your rental apartment

by Empire May 24, 2011

Many people have and are continuing to provide information on market rents, sliced and diced by neighborhood and size.  The typical narrative says: “rents increased most in this neighborhood by x percent, and increased least in y category of apartments.” That’s nice.  However what we’ve never seen is a relative comparison of what one needs [...]

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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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