Posted by Jonathan J. Miller -Wednesday, July 13, 2011, 5:53 PM
It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world.
Last week we released our rental study and the consensus was that the rental market was strong, better than the sales market (and expensive). So I thought I’d present the past 20 years and look at some of the peaks. When adjusted for inflation, the perspective of when peak was actually changes quite a bit.
Three Cents Worth: Manhattan Rents Not Feeling Peaked