» Upper West Side Rental Market Update

Upper West Side Rental Market Update

Saturday, May 1st, 2010

uws2 The Real Estate Group NY (TREGNY) released April 2010 numbers for the city’s rental market recently, and the statistics produced a couple of interesting results. Now that the economy is making a slow turnaround, one expects rental prices in the city to gradually increase across the board. While this is the case for many types of homes on the Upper West Side, including non-doorman studios (with a price increase of 2.24% on average), doorman studios (1.48%), non-doorman one-bedrooms (1.12%), doorman one-bedrooms (1.56%), and doorman two-bedrooms (1.62%), there was one place where the neighborhood’s prices took a dive. Non-doorman two-bedroom apartments saw a big price drop of 6.64% on average. Check out highlights or the full rental market report for Manhattan at TREGNY.Non-doorman studios (2.24%), doorman studios (1.48%), non-doorman one-bedrooms (1.12%), doorman one-bedrooms (1.56%), doorman two-bedrooms (1.62%)