Welcome! This website is dedicated to the rental market in NYC, with news and information about rental apartments in Manhattan and (sometimes) Brooklyn.
Most real estate websites about New York are focused on the sales market in spite of the fact that 2 out of 3 New Yorkers are renters. The rental market is just as complex as the sales market and there are as many reasons to rent as there are renters: some people prefer the freedom that comes with being a tenant –-the security of knowing that the landlord or super will make repairs and maintain the building. Some tenants aren’t sure how long they want to stay in the city or plan to eventually move in with a family member or significant other. Often, the monthly cost of a rental is far lower than a mortgage payment would be on a comparable unit and many renters are on their way to home ownership, remaining in a lower-cost rental while saving for a down payment.
NYC is a city of renters and this website will chronicle that facet of life in New York.
Michelle Erfer is a licensed Real Estate Salesperson in New York City. My brokerage firm is Citi Habitats and all the opinions expressed in this blog are my own, Citi Habitats has nothing to do with this and bears no legal responsibility in any way for anything you might see, read or hear on this blog. Please direct all questions, comments, criticisms and suggestions to Michelle. Thanks!
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» Email me: merfer@citi-habitats.com
As a renter and architect in nyc, i think it’s great that you’ve set up this blog. it’s a great resource and has some information beyond just listings–thanks michelle.