Rents news and trends

Rents Drop In Top NYC Shopping Districts Amid Pandemic
Retail // August 03, 2020

The most high-end shopping areas in the United States are seeing tenants depart, and rents are dropping at a time when COVID-19 has halted tourism for the time being, left millions without jobs, and has had shoppers stuck in their residences, CNBC reported. Average asking...

New Manhattan Residential Listings Up, New Leases Plunge In May
Real Estate // June 11, 2020

It’s the perfect time to lease a New York City apartment as vacancies rose, causing rental listings to jump, CNBC reported. New York City’s rental market continued to lose ground in May due to the pandemic as residents fled the Big Apple and the real...

Online Shopping Drives Up Rent For Warehouses
eCommerce // October 10, 2019

As eCommerce grows and the push for speedier delivery escalates, companies are seeking smaller warehouses and industrial space near major cities, The Wall Street Journal reported on Thursday (Oct. 10). Consulting firm CBRE Group said demand for warehouses from 70,000 to 120,000 square feet is...

Deposify Names People’s United Bank Its Banking Partner
Partnerships / Acquisitions // February 06, 2017

Deposify, the security deposit management service, announced Friday (Feb. 3) it has inked a banking partnership with People’s United Bank. In a press release, Deposify said People’s United Bank is the first U.S. bank to support Deposify’s technology in the state of Massachusetts. Deposify provides landlords...

Quick Reads
Rents Drop In Top NYC Shopping Districts Amid Pandemic

August 03, 2020
The most high-end shopping areas in the United States are seeing tenants depart, and rents are dropping at a time when COVID-19 has halted tourism for the time being, left millions without jobs, and has had shoppers stuck in their residences, CNBC reported. Average asking rents in 16 significant retail areas in Manhattan fell for […]

New Manhattan Residential Listings Up, New Leases Plunge In May

June 11, 2020
It’s the perfect time to lease a New York City apartment as vacancies rose, causing rental listings to jump, CNBC reported. New York City’s rental market continued to lose ground...

Online Shopping Drives Up Rent For Warehouses

October 10, 2019
As eCommerce grows and the push for speedier delivery escalates, companies are seeking smaller warehouses and industrial space near major cities, The Wall Street Journal reported on Thursday (Oct. 10)....

Deposify Names People’s United Bank Its Banking Partner

February 06, 2017
Deposify, the security deposit management service, announced Friday (Feb. 3) it has inked a banking partnership with People’s United Bank. In a press release, Deposify said People’s United Bank is the...