The rental market in Manhattan south of 96th Street is projected to expand in the next 20-24 months as the pipeline of projects developed over the past several years comes to market. In this area, there will be 4,152 new rental apartments this year (compared to last year’s 3,313); in 2016 the new rental units coming to market should be roughly 8,800 (forecast by Citi Habitats).
The near-term onrush could give way to concerns of a glut, but most experts believe ...
Continue Reading →FEB
2015




