Monday, July 11, 2011

I Love It When I'm Right, Which Is Often

Back in January, I wrote a piece for The Huffington Post about how, from my perch in the trenches on Manhattan real estate, it seemed as if the rental market was changing -- rents were higher, there were fewer incentives for tenants, etc. Most of my clients this past winter were relocating to the city with well-paid jobs. Many were frustrated by the lack of no-fee apartments, or that the owner wouldn't throw in a free month of rent.

Is A Warming Rental Market A Sign Of A Better Economy

Today, the New York Post had a piece about how, in fact, according to real numbers, there is less inventory and rent is higher.

The Rent's High? Too Damn Bad

And the Wall Street Journal, last week.

Manhattan Rents on the Rise