The 2010 New York Furnished Apartment Market Report
2010 was one of the best years on record for New York furnished rentals.
New York, NY (PRWEB) August 24, 2011
New York Habitat is happy to release the latest installment of the New York Furnished Apartment Market Report. This report covers data from the 2nd half and full year of 2010. The report was delayed by impending changes in the New York vacation rental market which are mentioned within the report. Look for the 1st half 2011 New York Furnished Apartment Market Report in a short while.
2010 ended up being one of the strongest years that New York Habitat has experienced in the New York Furnished Apartment Market. Rentals in all parts of New York Habitats business were growing and post recession prices were rebounding as well. Several segments of the business saw double digit growth in 2010. On the other hand the New York State Legislature passed a new law set to go into effect in 2011 which would severely affect the vacation rental market in New York City. The entire details of this period are available on the New York Furnished Apartment Market Website.
The report covers the three types of rentals that New York Habitat offers in New York: vacation rentals, furnished apartments and rooms for rent. For each of the areas you can find details about pricing, neighborhoods, size of properties and lengths of stay with data from 2008, 2009 and 2010. In addition older data can be found in market reports going back to 2007.
New York Habitat analyst and market report creator Brian Lowenberg says ”2010 was one of the best years on record for New York furnished rentals” though he goes on to say “for companies wishing to offer legal vacation rentals after May 2011 there will be far fewer choices because of the new law passed by the legislature.”
With New York Habitat recording several 1000 deals in 2010 in the New York Furnished Apartment Market report is truly able to give an accurate reflection of the trends in the vacation rental, furnished apartment and room rental markets in New York. Information found within the report is entirely based on completed transitions and therefore gives an accurate idea of what the company’s clients are looking to rent.
Read the 2011 New York Furnished Apartment market Report to learn more about the changes happening to the market based on the new laws coming in to effect in 2011.
New York Habitat is a fully licensed residential real estate agency with 22 years experience in the furnished rental market in New York. The company also offers furnished accommodations in Paris, London, the French Riviera, Provence and the French Alps. The company combines a multilingual staff of real stare agents and large inventory of apartments to meet the needs of their clients. The company strives to offer the highest level of customer service to each and every client searching for an accommodation. Find Vacation Rentals, Furnished Apartments and Rooms for Rent on New York Habitat’s website.
Feel free to contact New York Habitat with any questions and comments about the report.
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