Thursday, 13 December 2018

The Amazon effect hasn’t touched the Queens rental market yet: Elliman report

Amazon’s announcement that it would come to Long Island City may have set off shockwaves throughout New York, but it has not impacted the rental market in Northwest Queens just yet, according to the latest report from Douglas Elliman. The borough is rather seeing the continuation of many preexisting trends, including another increase in concessions and new leases. A total of 59.2 percent of new deals included concessions in November, up from 44.5 percent last […]



source https://therealdeal.com/2018/12/13/the-amazon-effect-hasnt-touched-the-queens-rental-market-yet-elliman-report/

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