Manhattan sellers who say yes to less, rent-stabilized one bedrooms, & more
This week readers visited Brick Underground for a sense of the Manhattan sales market, where some sellers have taken a loss on deals since the market reopened in June. According to an UrbanDigs report, around 25 percent of those sellers accepted offers that were lower than what they originally paid, with an average loss of 10 percent.
Also of interest: A round up of five NYC rent-stabilized one bedrooms available. These apartments are usually in new or renovated buildings, so you might pay market-rate rent, but you're safe from steep rent hikes and your lease automatically renews.
Here, in full, are this week's most popular posts.
1) Saying yes to less: A quarter of Manhattan sellers took a loss on deals since June
2) Here are 5 NYC rent-stabilized one bedrooms in renovated buildings
3) My building management wants to see recent pay stubs. My lease is not up. Do I have to comply?
4) Some NYC landlords are now offering three months of free rent to fill apartments