1. 2010 Market Report Intro
2010 ended up being one of the strongest years in recent memory for the New York Furnished Apartment Market. All of our divisions, vacation rentals, furnished apartments and room rental were very active in terms of requests and deals. Furthermore, with the increasing demand prices were also being pushed upward to pre-recessionary levels. The only negative in the market was that New York passed a law which in the future will severely limit the possibility of renting vacation rental apartments in New York City.
This report covers the trends in the following furnished apartment markets in New York:
- Vacation Rentals (2 - 30 days)
- Furnished Apartment Rentals (1 month and longer)
- Rooms for Rent (1 month and longer)
Data is available from the 2nd half and full year 2010 with comparison data available for the 2nd half and full years of 2008, 2009 and 2010