Westchester & Bronx NY investment property real estate blog

Westchester & Bronx NY investment property real estate blog

New York City Vacancy Rate Increases; Luxury Market Still Tough to Navigate

Renting an apartment in New York City is definitely not easy, or cheap. In fact, up until recently, New York apartments were considered the most difficult to rent by Marcus & Millichap’s National Apartment Index, which evaluates the 43 most populous rental markets. Surprisingly, though, a mild uptick in vacancy rates in New York apartments [...]