Research and Studies

Research & Studies

New York City, NY
New York City, NY
A 10 Minute Walk Could Be Worth 10% Off Your Rent
Updated 2 months ago
NYC Rental Prices by Subway Proximity   If you're like most New Yorkers, you (unfortunately) rely heavily on the subway to get you where you need to go. As such, proximity to the nearest subway is a determining factor when choosing your next apartment. With the subway as the backbone of the city…
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Cold Weather, Lack of Heat Hits Less Expensive Neighborhoods Harder
Updated 2 months ago
The Same NYC Neighborhoods and Addresses are Suffering Again This Year   In case you hadn't noticed, it's been cold outside. Bitter cold was the theme of the first week of 2018, with more cold New Yorkers in the past week than in any previous year on record. Actually, the nearly 30,000 complaints…
2018 Heat Complaints
Home Buyers In Most NYC Neighborhoods Are Borrowing Less
Updated 3 months ago
In a Show of Financial Health, Down Payments Increase as Sales Volumes and Prices Increase Purchasing a home is one of the most memorable, rewarding, and anticipated moments in many peoples' lives. As our world changes in many ways, the desire to own a home hasn't subsided; home prices are rising…
Median Sale Price vs Leverage Amount
NYC 3rd Quarter 2017 Rent Report and Trends
Updated 5 months ago
Rents Stabilizing in Manhattan as Rents Rise in Bronx, Queens New York City is internationally known for its posh apartments and luxurious living. This, of course, comes at a price. For the 3 rd Quarter of 2017 that price is $3,025 asking rent for a median one-bedroom apartment anywhere in the…
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Building Ages and Rents in New York
Updated 7 months ago
Over the past few years, New York has been experiencing a residential building boom. In 2016 alone, over 23 thousand new dwelling units (6,900 in Manhattan) were completed. If you've been looking for a new apartment, you've probably noticed some of the new high-rises that have popped up around…
NYC Buildings by Decade
New York Has Less Affordable Neighborhoods Than Other Major US Cities
Updated 8 months ago
Long Island City, LES, and Williamsburg Top NYC List of Unaffordable Neighborhoods Despite what you've heard, finding an apartment in NYC is actually pretty easy; affording one is the hard part. With median asking rents that vary from expensive ( $1,750 for a 2-bedroom in West Concourse) to…
NYC Housing Affordability
New York City Rents By Subway Stop 2017
Updated 10 months ago
Next Stop - Lower Rent Prices New York's MTA subway system is an essential part of many New Yorkers' lives. With as many as 5.7 million riders each weekday, it truly is the backbone of the city. It should be no surprise then, that it is one of the first things that people consider when looking to…
NYC Parking Tickets Down Sharply in 2016 - Upper East Side Leads in Tickets Again
Updated 13 months ago
Manhattan Households Average Over 10 Parking Tickets Each in 2016   For anyone who has experienced the woes of city car ownership, it's quite obvious why most New Yorkers don't have access to a car. According to the Census' American Community Survey, only 44.8% of New York households have…
A Manhattan Migration - Rents Plummet - Luxury Market Softens
Updated 14 months ago
It's A Renter's Market In Manhattan   As a New Yorker, there are a few things that one just comes to accept: crowded subways, unpredictable weather, and rising rents. That last one seems to be reversing course, at least for Manhattanites. RentHop's latest research using nearly 200,000 monthly…
Luxury Non-luxury Map
NYC Heat Complaints up 20% Year over Year – Bronx Cooler than Brooklyn
Updated 16 months ago
As this year's first "polar vortex" passes and the first day of winter arrives, hopefully you've found something good in the pocket of your old winter coat. Winter is undoubtedly one of the most stylish seasons of the year, with so many different ways to layer up. Unfortunately, many New…
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