Want to Rent Your Dream Apartment? Prepare for a Bidding War.
By: Charu Suri
Published: 7/27/2021Source: The New York TimesFeaturing Jay Glazer:
Want to Rent Your Dream Apartment? Prepare for a Bidding War.
Post-pandemic, some renters know the neighborhoods where they want to live, and are willing to pay hundreds of dollars extra to get them.
By Charu Suri
July 27, 2021
The New York City real estate market is returning to its prepandemic normal, but anyone looking for a rental apartment should prepare for a possible post-pandemic surprise. Bidding wars — long the scourge of prospective home buyers — are now being waged for rentals, especially in the hippest neighborhoods that are within walking distance of newly reopening office buildings.
Copyright © 2021 The New York Times Company. Reprinted with Permission. Charu Suri/The New York Times.