Thursday, April 07, 2011

Village Rental Market Heats Up

Elk Investors, not known for managing premium buildings (in fact the buildings they represent, like 35 Grove, 30 Christopher, 123 Bank are all pretty sub standard but at least reasonably priced) has three applications on three units that just hit the market this week. All of them in the Village. Two mentioned above. So 3 and a half days, priced correctly sub standard units are by all account gone baby gone. Inventory must be pretty low, or prices must be too high.

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