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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...

You Can't Evict Me Because... I've Moved!

AP | Posted 10.04.2011 | New York

NEW YORK — Faye Dunaway denies she's been evicted from her New York City apartment. The Oscar-winning actress tells The New York Times ( ) she ...

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...