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Trying to decide between starting a lease in July vs. August. Ideally would shoot for August since it's closer to when I have to go back to the office, but wondering how different the rental markets will be in terms of pricing / supply.
Trying to decide between starting a lease in July vs. August. Ideally would shoot for August since it's closer to when I have to go back to the office, but wondering how different the rental markets will be in terms of pricing / supply.
Would appreciate any thoughts from folks. Thanks!
Generally speaking isn't the conventional wisdom that August would be higher because people move after the end of a school year and before the beginning of a new one?
Trying to decide between starting a lease in July vs. August. Ideally would shoot for August since it's closer to when I have to go back to the office, but wondering how different the rental markets will be in terms of pricing / supply.
Would appreciate any thoughts from folks. Thanks!
Prices are generally highest during the warmer months, from about March until September or so. After that, there's less inventory, but prices can tend to decrease because there isn't as much demand. July and August are the hottest months in NYC, so you couldn't pay me to want to move then.
Trying to decide between starting a lease in July vs. August. Ideally would shoot for August since it's closer to when I have to go back to the office, but wondering how different the rental markets will be in terms of pricing / supply.
Would appreciate any thoughts from folks. Thanks!
July would probably be better, a lot of offices will be reopening in September and kids back to in-person school, so I think August will see a mad rush of activity.
Agreed with most of the sentiment here. For offices going back this year, it seems September, after Labor Day, will be the start for many folks. That means a lot of people returning to NYC over the summer
Many govt agencies and businesses have issued notice to return to office. August will be a crunch because you are competing with people who need to move prior to the start of the school year and returning workers.
Plus the city is issuing free money for gov't programs like candies. They are paying 2 years rent, lease signing bonus and bonuses to realtors who place these folks.
With the additional funds that Biden is sending you will have competition. Start looking.
I have noticed the price of apartments have started creeping back up also.
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