Rising Rents in NY
Posted by PreRealâ„¢ Prendamano Real Estate on
It’s always a pleasure to have the opportunity to discuss Staten Island Real Estate with Tracey Porpora from the Staten Island Advance. Most recently, our CEO James Prendamano, shed some light on the rising rents in Staten Island. He was quoted saying “The general principals of supply and demand certainly apply here. As Staten Island becomes a more viable option for renters, particularly on the North Shore, the supply, which has been trending upward, simply cannot keep up with the market demands at this time.”
With all that the North Shore has to offer such as magnificent views, close proximity to public transportation and many apartment buildings offering countless amenities it’s no surprise so many people are looking to the North Shore for…
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