Short Term Actions, Long Term Thoughts: Today's Rental Market with Gary Malin from Talking Manhattan

Short Term Actions, Long Term Thoughts: Today's Rental Market with Gary Malin

22 minutes Posted Nov 18, 2020 at 4:21 pm.

) The true vacancy rate is probably closer to 20%

) When does the rental market shift positive?

) "4x as much property on the marketplace right now"

) Concessions and dealing with 'great hunters'

) Sales market is long term, rental market is short term

) Advice for talking to landlords and owners

) Reflecting on the rental market's epic downturn

) If you marked to market early, it wouldn't hurt so much now

) Owners are not willing to do long term leases at this point

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Show notes

Corcoran's COO Gary Malin joins Noah Rosenblatt and John Walkup of UrbanDigs for a deep dive into the current rental market. Gary knows these markets like no other and he doesn't disappoint: nuggets of wisdom for all inside!

Gary's page at Corcoran: https://www.corcoran.com/nyc/AboutUs/Display/3535

Topics include:

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