As rents fall and vacancies climb, the fees charged by brokers are being waived more often. Source: New York Times
Posts published in “Renting and Leasing (Real Estate)”
Frank Sinatra Slept Here, and So Can You
By Gotham Rex on August 23, 2020
In New York and across the country, the former homes of famous writers, musicians and film stars are available as short-term rentals. Source: New York Times
Manhattan Vacancy Rate Climbs, and Rents Drop 10%
By Gotham Rex on August 18, 2020
There were more than 67,300 units available in July across the city as it tries to rebound from the coronavirus outbreak. Source: New York Times
Storage Units Are Standing By
By Gotham Rex on July 23, 2020
When it was time to quarantine with parents, or give up a lease, renters often had to make quick decisions on what to do with all their stuff. Source: New York Times
Downsizing From a Two-Bedroom to a Studio
By Gotham Rex on July 20, 2020
A couple moved from a two-bedroom to a studio late last fall. But even after four months of quarantine, they don’t regret the decision. Source: New York Times
5 Ways the Coronavirus Has Changed Suburban Real Estate
By Gotham Rex on July 18, 2020
Thousands of New Yorkers left the city and headed to the suburbs during the pandemic, and real estate there hasn’t been the same since. Source: New York Times
Moving to New York During the Pandemic
By Gotham Rex on July 10, 2020
There aren’t many of them, but some buyers and renters are coming to New York even while thousands have left to escape the coronavirus. Source: New York Times
What the Coronavirus Has Done to New Development
By Gotham Rex on July 3, 2020
The pandemic paused residential construction and stalled sales. Now developers in Long Island City and Greenpoint are scrambling to bounce back. Source: New York Times
More Space, Same Address
By Gotham Rex on June 30, 2020
As quarantining has made small apartments seem minuscule, some renters have been able to find larger places without leaving the building. Source: New York Times
The Pandemic Sent Young New Yorkers Packing. Will They Return?
By Gotham Rex on June 19, 2020
The financial crisis caused by the coronavirus outbreak has led young people from elsewhere to leave the city, uncertain if they will come back. Source: New York Times
Another Summer Ritual Canceled: The Beach House Share
By Gotham Rex on May 25, 2020
With parties forbidden, nightclubs closed and many beaches restricting access, young New York professionals are giving up their seasonal rental shares. Source: New York Times
All Alone in a Three-Bedroom Apartment
By Gotham Rex on May 25, 2020
When her roommates moved out during the coronavirus lockdown, a Brooklynite negotiated with her landlord and is making the best of the situation. Source: New York Times