Rising Rents in NY

Posted by Casandra Properties on Friday, June 14th, 2019 at 9:34am.

Rising rentsIt’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 their rentals. 

 

Casandra Properties is excited to have been a part of several North Shore projects such as URBY, The Accolades, The Pointe and The View. 

 

To stay up to date on all the latest real estate trends visit www.casandraproperties.com.  To contact an agent please call us at 718.816.7799 or email info@CasandraProperties.com

 

 

To read the full article click here.

 

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