Tag Archives: wall street journal

Manhattan Apartment Rents Soar, Again – Wall Street Journal

Manhattan’s apartment-rental rates, already above prerecession levels, continued climbing in April as landlords held their iron grip on a supply-constrained market. The average Manhattan apartment rented for $ 3,429 last month, climbing 3% from … “apartment rents” – Bing News

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London Calls for Boston Properties – Wall Street Journal

London tenants usually sign long-term leases that aren’t subject to rent reductions, unlike New York and other cities where tenants can request and receive rent reductions during weak economic times. And even though rents in London have been … “rent … Continue reading

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Landlord Balks at New School Occupation – Wall Street Journal

Cast out of their Lower Manhattan nerve center, Occupy Wall Street-affiliated protests and encampments have been popping up in other parts of the city. Some are welcomed by property owners. Others, like one at the New School, are in a … Continue reading

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At REIT Confab, Buzz Is Multifamily – Wall Street Journal

Plus, developers are racing to meet this increased multifamily demand, which could lead to oversupply and rent reductions in some markets. For now, however, the sector is the REIT darling. (Who can forget Tom Toomey, chief executive of UDR, saying … Continue reading

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The Daily Docket: Dish Wins Blockbuster – Wall Street Journal

For DBR SC click  here .) WSJ reports Borders Group Inc. plans to tell publishers and landlords Wednesday it has achieved major cost savings, including more than $ 30 million in rent reductions, and that it will move out of … Continue reading

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Property Battle for Gagfah – Wall Street Journal

Property Battle for GagfahWall Street JournalAP Gagfah faces a potential lawuit from the city of Dresden over apartment buildings such as this one. BERLIN—Germany may be one of the hottest property-investment markets in Europe right now, but with elections looming … Continue reading

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A New Player Downtown – Wall Street Journal

A New Player DowntownWall Street JournalInvestor demand for apartment buildings has been heating up throughout the country, partly because people who were closed out of the home-buying market have turned into renters. Demand for buildings is particularly acute in hot … Continue reading

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A New Player Downtown – Wall Street Journal

A New Player DowntownWall Street JournalIn the fourth quarter, New York's vacancy rate was 3.2%, below the national rate of 6.6%, according to Reis Inc. UDR says monthly revenue from the 493 units at Hanover Square average $3000 each. UDR, … Continue reading

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Washington-Area Apartment Portfolio Sold – Wall Street Journal

Washington-Area Apartment Portfolio SoldWall Street JournalIn the fourth quarter, the nation's vacancy rate dipped below 7% for the first time in two years, according to Reis Inc. That's fueling a buying spree: In many markets, fierce competition is forcing potential … Continue reading

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Washington-Area Apartment Portfolio Sold – Wall Street Journal

Washington-Area Apartment Portfolio SoldWall Street JournalAs the economy slowly begins to heal, rental rates are increasing nationwide. Industry watchers expect these increases to continue for several years because little new product is hitting the market as millions of Americans bruised … Continue reading

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