NYC real estate prices

User Forum Topic
Submitted by Coronita on January 27, 2020 - 6:26am

Just curious how NYC real estate prices are.
I vaguely remember Manhattan was really really expensive and going up really fast.

Just saw this and was wondering how are things.

https://www.bloomberg.com/news/articles/...

Is rent control push prices up in areas not subject to them, like in Manhattan

Submitted by FlyerInHi on January 27, 2020 - 9:36am.

Isn’t that what rent control is supposed to do?

Submitted by The-Shoveler on January 27, 2020 - 9:56am.

A more important statistic to follow is how many new apartment projects were canceled etc...

As I understand it new apartment projects in SD have fallen off a cliff.

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