- Miller Samuel Real Estate Appraisers & Consultants - https://www.millersamuel.com -

[Three Cents Worth NY #226] Manhattan Rental Market Trapped in Sales Brochure

It’s time to share my Three Cents Worth (3CW) on Curbed NY [1], at the intersection of neighborhood and real estate in the capital of the world [2]…and I’m here to take measurements.

Check out this week’s 3CW column [3] on @CurbedNY:

With the sales market heating up following the remarkable rental market run-up last year, I thought I’d look at the market share of rental versus sales activity. I compared them by using closed sales and closed rental transactions for all of 2012. Keep in mind that I only used new rentals (not renewals), since renewal data is not generally available (and not part of any rental market studies currently published)…

[4]
[click to expand chart]



Today’s Post: Manhattan Rental Market Trapped in Sales Brochure [Curbed [3]]
Three Cents Worth Archive Curbed NY [5]
Three Cents Worth Archive Curbed DC [6]
Three Cents Worth Archive Curbed Miami [7]