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Chief Blogger: Christopher Dente, Director of Public Relations | 212.685.7777 | cdente@citi-habitats.com	More Posts

Manhattan Owners No More Posted by Christopher Dente |  October 15, 2009 Owners No More   NY Times | By TERI KARUSH ROGERS | October 9, 2009  AS many co-op and condo owners can attest, ownership has its drawbacks. These include the intermittent misery of dealing with a board and the waking nightmare of serving on one. There are also the occasional hair-raising assessments for improvements to the building, on top of the expense of maintaining an apartment. Read full article here.   Comments(0) Filed under: Manhattan, News, Rentals, Sales Share 3rd Quarter 2009 Manhattan Sales Market Report Credit to: Christopher Dente Posted by Christopher Dente |  October 15, 2009 Please click on the image to view the entire 3rd Quarter 2009 Manhattan Sales Market Report   Comments(0) Filed under: Manhattan, Market Reports, New Developments, Sales Share 3rd Quarter 2009 Report - Manhattan Residential Rental Market Credit to: Christopher Dente Posted by Christopher Dente |  October 15, 2009 Average Rents 3Q 2009 Market-wide for Manhattan, the average 3Q 2009 rental price for a studio was $1,760, representing a decrease of .3% from 2Q  2009; a one bedroom, $2,423 representing a decrease of .2% from 2Q 2009; a two bedroom, $3,481 representing a decrease of 1.9% from 2Q 2009; and three bedroom, $4,591 representing a decrease of 1% from 2Q 2009. Vacancy Rates 3Q 2009 The overall vacancy rate for Manhattan for 3Q 2009 was 1.71% representing a decrease of 0.17 in the vacancy rate from the 2Q 2009 rate of 1.88%. A comparison of vacancy rates, by neighborhood, reveals that the SoHo/Tribeca area had the least amount of available apartments at .1.08%, while the Upper East Side, at 2.41%, ranked highest. Please click on the image to view the Manhattan Residential Rental Market 3rd Quarter 2009 Report.   Comments(0) Filed under: Manhattan, Market Reports, New Developments, Rentals Share Peak Rental Season 2009 Residential Market Report Credit to: Christopher Dente Posted by Christopher Dente |  September 24, 2009 We are pleased to present our first Peak Rental Season 2009 Residential Market Report, a comprehensive analysis of the May–August Manhattan rental market. Peak Season Average Rents 2009/2008 Market-wide for Manhattan, the average 2009 peak season rental price for a studio was $1,763, representing a decrease of 11% from peak season 2008; a one bedroom, $2,425 representing a decrease of 8% from peak season 2008; a two bedroom, $3,431 representing a decrease of 11% from peak season 2008; and three bedroom, $4,533 representing a decrease of 8% from peak season 2008. Peak Season Vacancy Rates 2009/2008 The overall vacancy rate for Manhattan for peak season 2009 was 1.66% representing an increase of 0.47 in the vacancy rate from the peak season 2008 rate of 1.19%. Please click on the image to view full report.      Comments(0) Filed under: Manhattan, Market Reports, News, Rentals Share CitiLiving Magazine Credit to: Christopher Dente Posted by Christopher Dente |  September 15, 2009 CitiLiving Magazine is published by Citi Habitats, the premier residential brokerage firm in Manhattan. CitiLiving Magazine - September/October 2009 Issue   Features:  Newest Citi Habitats Exclusive Sales Listings   2nd Quarter 2009 Manhattan Sales Market Report   Please click on the image to view the entire issue   Comments(0) Filed under: Manhattan, Sales Share	RECENT POSTS Mortgage Rate Update U.S. Mortgage Rates Fall for Third Consecutive Week With F.H.A. Help, Easy Loans in Expensive Areas U.S. Housing Recovery Delayed to 2010 as Market Wanes Real Estate Outlook: Moving Towards Recovery First-time homebuyers leading market back Bidding Wars Resume Mortgage Rate Update RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 Add CitiBlog feed

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