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Li Rents Rising As Developers Struggle To Meet Demand For Apartments - Latest News


LI rents rising as developers struggle to meet demand for apartments

Long Island’s newest, most luxurious rentals are getting snapped up by affluent empty-nesters and young professionals seeking flexibility, convenience and hotel-like amenities such as pools, concierge... read more

The Fed says the economy is doing just fine

Loan demand ... rents on apartments in both Manhattan and Brooklyn continue to run ahead of last year. Commercial real estate markets across the District were mostly steady. Office availability rates ... read more

UDR's (UDR) CEO Tom Toomey on Q3 2017 Results - Earnings Call Transcript

Stable job growth, combined with improving wage growth and consumer sentiment, bode well for future demand. While it is true that some ... it's most prevalent in Long Island City as well as Brooklyn a... read more

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Cities where Americans are struggling to afford their homes

Households spending more than that on rent or ... of income are rising at a slower rate in Chicago than across the nation as a whole, as is the median home price. Growing affordability of housing in t... read more


Portland home prices, rents continue to rise

“The struggle ... rising. The best thing government can do is to put more certainty into the development and building process, streamline regulations, and reduce fees and costs charged for new housing ... read more

The Federal Reserve says the economy is humming along

Across other parts of the District--Long Island, northern New Jersey, and the Lower Hudson Valley--home prices are generally stable or rising modestly. Residential rental markets generally remain on a... read more

NYC Doesn't Have Enough Apartments For Booming Population: Report

NEW YORK, NY — Thousands of new apartments have ... especially those who struggle to make ends meet. "The increasing housing stock has not been able to adequately moderate the pressure on rents caused ... read more

Developers forgetting lessons of the bubble

If only the rising tide of development were driven by surging demand for apartments, hotel rooms and stores ... “We're going to end up with properties that struggle to meet debt service and stay open, ... read more

Alms for the Upper Middle Class: Subsidized Apartments Aim at $200K Earners

Programs like Mitchell-Lama that subsidized new construction through low-cost mortgages to developers were meant to prevent people who could afford the suburbs from fleeing the city. Rising housing .. ... read more

Record demand for industrial real estate on Long Island

Rental prices and demand for industrial real estate on Long Island ... meet rising customer demand. Compounding that is demand for industrial space from businesses pushed out of New York by high rents ... read more

Hasidic neighborhood in South Williamsburg is a top beneficiary of Section 8, but some question whether law is strictly followed

Reluctant landlords and rising rents ... willing developers to meet the need. Kiryas Joel, a long-established satellite community in Monroe, recently passed a controversial land annexation that will a... read more



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