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Manhattan Rent

When Predatory Equity Hit the Big Apple

Laura Gottesdiener | Posted 06.08.2014 | Business
Laura Gottesdiener

It turns out that the real estate market in my New York City backyard has been a private equity playground for the last decade, and the result, unsurprisingly, has been a disaster for tenants and the market alike.

Eleazar David Melendez

Fine Dining Landmark Threatened By Impending Rent Increase | Eleazar David Melendez | Posted 05.16.2013 | New York

NEW YORK -- A massive rent increase is threatening the future of a New York's iconic restaurant The Four Seasons, a sprawling, opulently furnished fiv...

Renting In Manhattan Now Is More Expensive Than Ever

The Huffington Post | Bonnie Kavoussi | Posted 06.09.2012 | Business

The stereotypes and sitcom jokes are true: Renting in Manhattan is insanely expensive. The average rent in Manhattan hit a record high of $3,438 pe...

Manhattan Is Getting Even More Expensive

Posted 01.12.2012 | New York

After years of falling prices, the average rent of a Manhattan apartment rose to $3,309 last year, just one dollar shy of the pre-recession record set...

Mike Sacks

NYC Landlord To Supreme Court: The Rent Is Too Damn Low | Mike Sacks | Posted 12.09.2011 | Politics

WASHINGTON -- A New York City landlord has taken his fight against the city's rent control laws up to the Supreme Court, where at least one justice ap...

Average Manhattan Apartment Rents Jumped 8% Last Year

Crain's New York Business | Posted 05.25.2011 | New York

The Manhattan residential rental market managed to weather the cold in February, according to a report released Tuesday. Rents rose an average 8% l...