(917) 207-7012
Paul.Zweben@Compass.com
Menu
Menu

rent

 

We have just released the “Elliman Report: Manhattan, Brooklyn & Queens Rentals” for July 2016, the leading resource on the state of the rental market.  As always, our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and neutral market insight available.

 

Manhattan rents moved a little higher, helped by an increased use of concessions by landlords. Smaller apartments continued to see the largest rent increases.

 

For the first time this year, Brooklyn rents slipped despite gains in the luxury market. There were more concessions given this year as renters resisted price increases at time of lease renewal.

 

Consistent with the region, the northwest Queens rental market weakened in July, more so with larger apartments. Marketing times were a bit faster while negotiability remained about the same as last year.

 

At Douglas Elliman, we are constantly looking for ways to provide our clients with better information, empowering them to make more informed decisions. Our efforts to create this market report series reflect our strong belief that access to timely information is a vital resource in a market that is constantly changing. Committed to providing the best information in the industry, we are proud to offer this service to our clients. Explore our full market report series covering Manhattan, Brooklyn, Queens, Northwest Queens, Long Island, The Hamptons, North Fork, Westchester, Putnam & Dutchess Counties, Fairfield County, Greenwich, Miami, Boca Raton, Fort Lauderdale, Palm Beach, Los Angeles and Aspen at http://www.elliman.com/marketreports

 

Warmest regards,

Dottie Herman

President and CEO, Douglas Elliman

 

Work with The Zweben Team

With The Zweben Team, we guarantee attentive and personalized service. We genuinely listen to your aspirations, offer sincere recommendations, and utilize our expert negotiation skills to fiercely advocate for you. With us, you're choosing unparalleled expertise and a tailored experience to meet your unique real estate needs.
Contact us

Subscribe To

THE ZWEBEN TEAM NEWSLETTER
Experience a monthly dose of handpicked content from The Zweben Team, showcasing exclusive property listings, market updates and a little foodie fun.

Consent
Paul Zweben, Licensed Associate RE Broker
paul.zweben@compass.com
Carolyn Zweben, Licensed Associate RE Broker
carolyn.zweben@compass.com
110 5th Ave, 2nd Floor
New York, NY 10003

Copyright @ 2024 The Zweben Team. All Rights Reserved. Privacy Policy. Powered by 23 Window Media.

The Zweben Team is a team of licensed real estate salespersons affiliated with Compass. Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. New York State Fair Housing. New York Real Estate Standard Operating Procedures.

cross