Upper East Side|News|
Upper East Side Rents Are Jumping As Inventory Shrinks: Study
The post-pandemic real estate recovery may be bad news for Upper East Side renters, as prices jump while vacant apartments dry up.

The post-pandemic real estate recovery may be bad news for Upper East Side renters, as prices jump while vacant apartments dry up.

A synagogue is holding up the construction of an apartment tower on East 86th Street, arguing that the project would endanger children.

Two ornate mansions built nearly a century ago were sold for $20 million to paper heir Peter Brant, according to records and news reports.
Apartment towers will soon replace the lot where neighbors hoped to open a garden, and another corner now home to restaurants and tenements.
A company that rents out "trendy," furnished apartments around the city has purchased a Yorkville building as its next property.
The top floors of an Upper East Side townhouse were torn down after construction work triggered a near-collapse, angering preservationists.
The "To Kill a Mockingbird" author reportedly lived for decades in this modest Yorkville unit — which could be yours for $3,150 a month.
A 270-foot tower will soon rise on the busy Second Avenue corner formerly home to Cafe d'Alsace, according to city records.
The Upper East Side is again being asked to approve a zoning change to make way for a bigger building — this time, for an art gallery.
A United Nations employee says he developed cancer after an electric transformer was installed on his Roosevelt Island co-op building.
A $73 million sale has likely doomed the dream to convert a First Avenue lot to a new green space, but advocates plan to broaden their push.
Upper East Side landlords falsely claimed a building was habitable after a fire — and are now trying to drive out tenants, a lawsuit says.
"No sign for you!" said the city to the Madison Avenue developer, who was forced to tear down the sign that first appeared last fall.
A developer intends to tear down seven buildings that have lined an Upper East Side block for a century — but one tenant may be holding out.
Big chunks of Upper East Side blocks were sold to developers in recent days—including the auto shop where a man was fatally shot in August.
The last building standing on an Upper East Side corner will be demolished after a tenant moved out. A new development will take its place.
Home prices and asking rents are still increasing on the Upper East Side as Manhattan's inventory rapidly shrinks, a new report found.
An East Side doorman says he now has proof that a late resident promised him millions. Lawyers for the man's estate reject the forms.
Extell is planning another big Upper East Side tower — but they'll be forced to build around a lone tenant who just defeated them in court.
Dozens of tenants at the Normandie Court complex are suing their landlord, alleging their stabilized rents are being illegally jacked up.
"It is more reminiscent of Detroit circa the 1980s than Manhattan’s Upper East Side," a suit says of a neighbor's stalled renovations.
A York Avenue church will be torn down to make way for a 17-story, $264 million residence for medical students, city records show.
A wild lawsuit accuses the owner of an East Side condo building of funneling millions in profits to himself as he racks up personal debts.
Despite complaints that it should be used as housing, a Yorkville garage is set to be torn down to make way for a self-storage facility.
The developer Extell has finally revealed its plans for a First Avenue block that has sat empty for years: a 30-story medical tower.
Despite reports that NYC's real estate market is hotter than ever, the Upper East Side remains more affordable than it was two years ago.
Developers behind the contested Upper East Side tower offered to reduce its height by nearly 60 feet, hoping to win City Council approval.
A Kumon learning center moved into an Upper East Side storefront without the owner's knowledge—and without paying rent, a new lawsuit says.
National home prices have surged over the past year; the Upper East Side area was no exception.
A developer hopes to demolish three 2nd Avenue buildings to construct a 22-story apartment tower. A next-door owner is standing in the way.
The Hospital For Special Surgery's new 12-story tower will temporarily block access to parts of the East River Esplanade.
The City Planning Commission on Wednesday approved the controversial rezoning, which now heads to the City Council for a final showdown.
The Upper East Side area has experienced explosive home price growth this past year and prices are still moving upward.
Despite its pricey reputation, the Upper East Side has large numbers of homes affordable for first-time buyers, according to a new study.
The last remaining tenant in an Upper East Side building is blocking the developer's next big project, arguing it has been too secretive.
A low-rise building on Second Avenue will be replaced by a 23-story tower with 106 apartments, according to plans filed with the city.
Defying a citywide decline, the Upper East Side gained children and teenagers over the past decade, new census data shows.
The Upper East Side has the most vacant homes in New York, the latest census data shows. But don't blame new construction.
National home prices are have surged over the past year; The Upper East Side area was no exception.
In a dispute that centered around a six-inch strip of land, the former owner of Tender Buttons triumphed against developer Arthur Shapolsky.