2 Fordham Hill Oval HDFC 185K

 No need for the elevator! This sprawling one bedroom is on the 3rd floor!

This home features an updated kitchen and bathroom, king sized bedroom, living room and dining area. The apartment has hardwood floors, ceiling fans and large picture windows.
All utilities and taxes are included in the maintenance.

Residents in this gated community enjoy, exclusive children’s playground, gym, parking adjacent to the complex, package room, laundry room, 3 community rooms in the complex and outdoor garden seating areas.

The cooperative complex is very well connected to transportation via Subways, MetroNorth and access to highways and neighborhood amenities.

New York City Rental Market outlook - 2013

The Rental Tide Subsides

By JULIE SATOW

Published: December 28, 2012   

Apartment rents in New York City have been rising rapidly for several years, but signs are now emerging that the market has hit a speed bump and is finally shifting to a slower gear.

 

Manhattan rents have been dropping, with the average price $3,368 in November, $76 less than in October and the third consecutive month prices have declined, according to Citi Habitats.

While some of this may be seasonal — the rental market tends to soften during the winter — the pace of rental growth year over year has also slowed. According to Streeteasy.com, median rents are 1.5 percent higher than one year ago, a marked drop from the 10 percent increase that rents posted two years ago and the 15 percent of three years ago. Inventory is also up, with 13,618 Manhattan apartments for rent in November, a 21 percent increase over November 2011, Streeteasy found.

 

Read Full Story Here:   http://www.nytimes.com/2012/12/30/realestate/the-new-york-rental-tide-subsides.html?ref=realestate&_r=0

I'm featured on Huff Post Live discussing Sandy aftermath

Today, I was featured on Huff Post Live discussing the difficulties of being and independent contractor and still trying to earn money In New York City post hurricane Sandy.