the difference between rent control and rent stabilization, andrecent changes to the New York rent laws.And most importantly, it gives you actionable tips on how to land a rent-stabilized apartment in NYC. Pssst, at the end of the article, we share how...
NAR's chief economist, Lawrence Yun, points out that signs of stabilization are due to an increased demand for commercial space. Not surprisingly, New York City has one of the lowest vacancy rates. Honolulu is in the same position. Both cities have vacancy rates near 9% while other office ...
While the sales market continues to remain soft, that is not the case in the rental market as it was a very robust rental market this past spring with vacancy rates showing record lows. It is a great market for apartment owners and landlords with rents back on the incline. Owners who wan...