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New York Furnished Apartment Market Report: 1st Half 2010

16.  1st Half 2010 Roommates Conclusion

NYC Grand Central Station 2010 saw the roommate market rebound significantly versus the lackluster 2009 1st half. Prices were nearly back to pre recession levels and the number of rentals soared.

Market Report creator Brian Lowenberg said "The room rental market remains one of the steadiest markets in New York because of the constant demand for rooms by students and interns. I the future we expect prices to continue to rise." Furthermore, room rentals remain a bargain compared to other types of rentals in New York and owners looking to supplement their income find that renting a room is an attractive option.