Overall, Manhattan registered some impressive rent growth during 2012. Midtown Manhattan, however, lagged meaningfully behind other areas in overall performance.
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While much of the nation has seen rent growth levels ease, New York’s apartment market has not. Rents there have rebounded back to pre-recession highs, while occupancy has tightened up near 98%. Watch the video analysis.
Which individual apartment metro topped the list for rent growth in year-ending second quarter of 2012? MPF Research reveals the top ten performers.
New York’s apartment sector continues to justify its place high atop many investors’ market lists.
Greg Willett and Jay Parsons look at markets that had high expectations going into 2011, but so far have not lived up to the hype.
Northern New Jersey’s apartment outlook appears reasonably healthy. But Edison and Newark have a long way to go in terms of catching up with the momentum displayed in neighboring New York.
New York is once again back among the nation’s best-performing apartment markets. In this video edition of Apartment Market Dynamics, Greg Willett and Jay Parsons discuss what’s happening in the greater New York area.
MPF Research reveals its top 10 picks for revenue growth in 2011 among the nation’s major markets.
Seven metros posted readings at or above 96 percent thanks to the widespread recovery of the U.S. apartment sector in the first half of 2010.
The recovery of the nation’s apartment market continued at full steam in the 3rd quarter of 2010, according to preliminary data from MPF Research.
After apartment rents in New York came way down during late 2008 and throughout most of 2009, the metro now is seeing one of the strongest comebacks in pricing power recorded across the nation. Measuring change on a same-store basis, effective rents jumped 9 percent during the first half of 2010, enough to push annual change into notably positive territory at 5.8 percent.