New York Rental Vacancies Climbing Faster Summer rental vacancy rates typically climb, yet in this scorching hot summer of 2020, vacancies in New York City are rising at a rate that is concerning to small and mid-sized landlords. In New York and Manhattan the rising vacancy rate, rent default rate, and tenant employment situation may…
Is a Massive Wave of Evictions Coming? The Corona Virus shutdown continues to hurt US landlords and property managers in many ways. And partial shutdowns may continue if we see a resurgence in October/November. And what happens when big numbers of tenants can't work, don't have income alternatives, financial aid programs dry up, and are…
Pandemic is Pushing People Online A new article in the Washington Post has the headline: "The new coronavirus economy: A gigantic experiment reshaping how we work and live." The post story says it well, that businesses and consumers are trying out online business at a massive scale. We'll likely here more about this shift in…
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