Apartments news and trends

New Manhattan Residential Listings Up, New Leases Plunge In May
Real Estate // June 11, 2020

It’s the perfect time to lease a New York City apartment as vacancies rose, causing rental listings to jump, CNBC reported. New York City’s rental market continued to lose ground in May due to the pandemic as residents fled the Big Apple and the real...

Zillow Reports More Long-Term Rental Requests
Real Estate // June 05, 2020

Rental company Zillow said on Thursday (June 4) that it was experiencing more requests for long-term rentals instead of the short-term ones it is usually known for, CNBC reported. The company said it had seen a significant upswing in requests for rentals for six months...

April Rent Unpaid By 31 Pct Sparking Fears Of What Is Ahead
Coronavirus // April 09, 2020

Over one third of Americans didn’t pay rent by April 5, triggering fears of what could be ahead for May and beyond, according to data from a landlord advocacy group. The National Multifamily Housing Council (NMHC) analyzed data on Wednesday (April 8) from 13.4 million...

Homebuyers Continue To Purchase Luxury NYC Apartments
Retail // March 17, 2020

While the coronavirus is canceling public events and sending consumers searching for cleaning supplies as well as food, homebuyers still have an appetite for purchasing luxury apartments in New York City. Olshan Realty Inc. noted in a report, as cited by Bloomberg, that 21 contracts were...

Interviews & Exclusives
Roomi: How To Trust But Verify Roommates

December 04, 2017
Millennials are on the move, professionally.  And in an age where apartment rents are rising faster than incomes, shared housing proves salvation – unless they choose the wrong roommate.  As Ajay Yadav, CEO of Roomi tells PYMNTS’ Karen Webster via Topic TBD, the firm has created a platform to tap into the co-living trend that Yadav says has become a way of life for a more transient consumer.

Quick Reads
Office Space Inventory in US Sees First Net Decline

July 27, 2023
The U.S. office market is in uncharted territory as the amount of office space has declined for what is likely the first time in history. Less than 5 million square feet of new offices broke ground in the U.S. so far this year, while 14.7 million square feet has been removed from the market, Bloomberg […]

New Manhattan Residential Listings Up, New Leases Plunge In May

June 11, 2020
It’s the perfect time to lease a New York City apartment as vacancies rose, causing rental listings to jump, CNBC reported. New York City’s rental market continued to lose ground...

Zillow Reports More Long-Term Rental Requests

June 05, 2020
Rental company Zillow said on Thursday (June 4) that it was experiencing more requests for long-term rentals instead of the short-term ones it is usually known for, CNBC reported. The...

April Rent Unpaid By 31 Pct Sparking Fears Of What Is Ahead

April 09, 2020
Over one third of Americans didn’t pay rent by April 5, triggering fears of what could be ahead for May and beyond, according to data from a landlord advocacy group....