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Manhattan homebuyers continue “camping out” in the rental market: Elliman

Peak “camping” season for Manhattan’s rental market is in full swing. With the caveat of last month’s rent law changes, “overall, June was a positive month for landlords,” according to appraiser Jonathan Miller, who authored the Douglas Elliman’s most recent monthly rental report. Summer is typically known as the busiest period of the year for rental transactions, however new leases were down 15 percent compared to May and 9.6 percent year over year. Last month, […]

The Real Deal New York

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