New York City Luxury Rental Blog Archives for April 2011

New York, Burger City: Two Manhattan Neighborhoods Snag Beloved Burgerterias

At Luxury Rentals Manhattan, we are not unaware that people browsing Manhattan rental apartment listings are often looking for different things. This is why we've built our search so that NYC apartment hunters can find apartments near subways and rental listings near parks and so on. It's our hope that a more focused and specific way to search Manhattan apartments will lead to a more satisfying and successful experience. That said, there is not currently a search function at LRM that enables you to find an apartment located near a delicious hamburger. For that, we use the LRM blog. No, seriously: we've covered Shake Shack pretty extensively in the past, and we're not going to stop doing that. We do it for you, readers. And also we do it because we're hungry, and because Shake Shack is delicious. And so it is with no small amount of delight that we inform Luxury Rentals Manhattan readers that rental listings in Battery Park City will very soon be rental listings near a delicious hamburger.

Spring, Unsprung: NYC Rents Once Again Way Up Over 2010, But Barely Budge Month-To-Month

Every month, the statistics on Manhattan luxury rentals tell the same story. Which means that just about every post we do on that topic reads pretty similar to the one before. At the risk of getting intolerably meta-bloggy, here's a quote from a recent Luxury Rentals Manhattan blog post on February's rental stats. "While increased demand should have led to a serious spike in Manhattan rents, it hasn't... yet. A pair of recent studies show that rents are up a robust 8 percent over 2010 figures, but rents are still essentially flat month-to-month, just as they were last month." You'll notice that "last month" links to another Luxury Rentals Manhattan blog post that says almost exactly the same thing. And so you see how this works, and has worked -- demand has stayed strong for Manhattan rentals, and is growing stronger as the traditional NYC real estate boomtime of spring approaches, but prices have barely budged month-over-month. That was the story in March, and it may yet be the story in April. It's the waiting for it to change part that has people nervous.