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Home / News / Rental Market

Rental Market

Rental market trends, pricing, and housing supply updates

AllRental MarketTenant RightsData & InsightsGuidesGeneral
Rental MarketThe Real Deal LA

Billionaire Ron Burkle nets $20M in Malibu Colony sale

Billionaire investor and Yucaipa Companies founder Ron Burkle nabbed a tidy markup in the sale of his Malibu beach house, The Real Deal has learned. Burkle, who is the controlling shareholder and executive chair of Soho House, sold 23708 Malibu Colony Road for nearly $20 million, or $7,992 per squar

13h agoby Kari Hamanaka
Thumbnail for Billionaire Ron Burkle nets $20M in Malibu Colony sale
Rental MarketThe Real Deal South Florida

Under contract: Al Capone’s former Miami Beach property

The waterfront property that once belonged to the late mobster Al Capone will soon have a new owner.  The pending deal for the property, asking $23.5 million, is one of 18 luxury home contracts signed in Miami-Dade County between April 27 and May 3, according to the weekly report by Douglas Ell

13h agoby Katherine Kallergis
Thumbnail for Under contract: Al Capone’s former Miami Beach property
Rental MarketThe Real Deal LA

Vacant Santa Monica resi lot poised to get nine townhomes

An empty residential lot in Santa Monica is poised for redevelopment into nine townhomes.  An application filed with the City of Santa Monica calls for the construction of these townhomes at 1949 17th Street, currently a vacant lot less than a block away from the Santa Monica College campus, Ur

13h agoby TRD Staff
Thumbnail for Vacant Santa Monica resi lot poised to get nine townhomes
Rental MarketStreetEasy

Most popular sale of the week May 4, 2026

Every week, we share the most popular sale listing of the week in NYC, as selected by you, our StreetEasy users. The most popular sale for May 4, 2026 is an unbelievable Upper West Side 2-bedroom condo with easy Riverside Park access. Upper West Side 2-bedroom near the park asks $1.595M Location: 53

14h agoby Isabel Galupo
Thumbnail for Most popular sale of the week May 4, 2026
Rental MarketThe Real Deal LA

LA deploys $361M in Measure ULA funding for affordable housing projects

Los Angeles is putting its first major tranche of Measure ULA dollars to work, steering more than $360 million into affordable housing production, preservation and operations. On May 1, Mayor Karen Bass signed off on the inaugural Homes for L.A. Notice of Funding Availability, days after City Counci

15h agoby TRD Staff
Thumbnail for LA deploys $361M in Measure ULA funding for affordable housing projects
Rental MarketThe Real Deal South Florida

LeFrak beefs up portfolio with $180M riverfront tower in Fort Lauderdale

The Pérez family’s Related Group sold an apartment tower on downtown Fort Lauderdale’s riverfront for $180 million, as deal flow persists despite a stubborn oversupply of apartments in South Florida. New York-based LeFrak Organization bought the 36-story, 337-unit Harbour at New River Apartments at

15h agoby Lidia Dinkova
Thumbnail for LeFrak beefs up portfolio with $180M riverfront tower in Fort Lauderdale
Rental Market6sqft

PATH fare hike takes effect ahead of return of 7-day service

The cost to ride PATH trains officially increased from $3 to $3.25 on Monday as part of the system’s transformative service upgrades. The Port Authority of New York and New Jersey says the fare hike will help fund its $45 billion 2026-2035 Capital Plan, which has modernized the 118-year-old sy

17h agoby Aaron Ginsburg
Thumbnail for PATH fare hike takes effect ahead of return of 7-day service
Rental MarketBrownstoner

Bed Stuy Mansion, Fort Greene Church Eyed by Land Trust Go on Market

Two historic landmarked properties owned by the family of the state’s first Black gynecologist have been listed for sale for $8.25 million following years of speculation about what would happen at the sites. The grand mansion at 375 Stuyvesant Avenue in Bed Stuy and Paul Robeson Theater (originally

17h agoby Anna Bradley-Smith
Thumbnail for Bed Stuy Mansion, Fort Greene Church Eyed by Land Trust Go on Market
Rental Market6sqft

149-unit rental building coming to Hudson Square parking lot

Two prominent New York City developers have teamed up to build a 149-unit rental tower on a parking lot in Hudson Square. MAG Partners and Global Holdings last week signed a long-term lease with Trinity Church for 122 Varick Street, where the joint venture plans to construct a 192,000-square-foot pr

18h agoby Aaron Ginsburg
Thumbnail for 149-unit rental building coming to Hudson Square parking lot
Rental MarketThe Real Deal South Florida

Movers & Shakers: Driftwood names hospitality CEO

In the latest roundup of South Florida real estate hiring news, firms made key leadership appointments. Driftwood Capital affiliate Driftwood Hospitality Management named Greg Maliassas as its CEO, according to a news release. Maliassas was previously the CEO of Playa Hotels & Resorts, a hospita

19h agoby Kate Hinsche
Thumbnail for Movers & Shakers: Driftwood names hospitality CEO
Rental MarketBrownstoner

See Unique PLG Interiors With the Return of the House Tour This Month

For design and architecture enthusiasts, the return of spring means house tour season and the chance to ogle the interiors of private homes. Brooklynites will be throwing open the doors to their dwellings this month for the return of the Prospect Lefferts Gardens House & Garden Tour. The 52nd ed

19h agoby Susan De Vries
Thumbnail for See Unique PLG Interiors With the Return of the House Tour This Month
Rental MarketThe Real Deal South Florida

Lease roundup: Japanese temaki restaurant Nami Nori coming to Nora District

Nami Nori | West Palm Beach  A Japanese temaki restaurant will open at the Nora District in downtown West Palm Beach, marking its second South Florida outpost.  Launchpad Hospitality will open Nami Nori in a 4,300-square-foot space at 855 North Railroad Avenue and will include patio d

20h agoby Lidia Dinkova
Thumbnail for Lease roundup: Japanese temaki restaurant Nami Nori coming to Nora District
Rental MarketBrownstoner

Flatbush’s Theatrical Past Inspires New Mosaics at Church Avenue Station

by Kirstyn Brendlen and Erica Price, Brooklyn Paper In a subway station that has served Flatbush for over a century, a series of lush mosaics marry the neighborhood’s theatrical history with the vibrant cultures of its present. The MTA and artist Christopher Myers unveiled the pieces, titled “If you

20h agoby Brooklyn Paper
Thumbnail for Flatbush’s Theatrical Past Inspires New Mosaics at Church Avenue Station
Rental MarketUrbanize LA

Greenery takes shape at the Sixth Street Viaduct park

Greenery takes shape at the Sixth Street Viaduct park Steven Sharp Mon, 05/04/2026 - 06:15 The copper wire is gone, the lights are out, and graffiti is everywhere, but the grass is also in the ground for the new L.A. River-adjacent park space below the Sixth Street Viaduct.The Sixth Street Viaduct P

20h agoby Steven Sharp
Thumbnail for Greenery takes shape at the Sixth Street Viaduct park
Rental MarketUrbanize LA

Long Beach Airport is getting a $37M glow-up before the Olympics

Long Beach Airport is getting a $37M glow-up before the Olympics Steven Sharp Mon, 05/04/2026 - 06:10 Last month, Long Beach Airport commenced work on $37-million overhaul of its passenger concourse in the lead up to the 2028 Olympic Games. “This project represents an important investment in Lo

20h agoby Steven Sharp
Thumbnail for Long Beach Airport is getting a $37M glow-up before the Olympics
Rental MarketUrbanize LA

Affordable housing slated for 4061 S. Main St. in Historic South-Central

Affordable housing slated for 4061 S. Main St. in Historic South-Central Steven Sharp Mon, 05/04/2026 - 06:05 An early 20th century building in Historic South-Central is slated to give way to a new affordable housing complex, according to a recent application to the Los Angeles Department of City Pl

20h agoby Steven Sharp
Thumbnail for Affordable housing slated for 4061 S. Main St. in Historic South-Central
Rental MarketThe Real Deal South Florida

📊 South Florida’s top deals: Pompano Beach townhouse community trades for $26M

🏆 Residential: In Miami Beach, a waterfront residential property at 6465 Pine Tree Drive Circle traded for $12.2 million, which was the priciest home sale recorded in South Florida. The seller was an LLC managed by Andre Jackson. Sean Tolkin, co-founder of Press On Ventures, and Jennifer Chaplin To

21h agoby Mary Diduch
Thumbnail for 📊 South Florida’s top deals: Pompano Beach townhouse community trades for $26M
Rental MarketThe Real Deal South Florida

Inside Naples’ ultra-luxury shift

As the uber wealthy flock to Florida’s east coast, buying waterfront estates in Miami’s Coconut Grove and compounds in the ultra-exclusive towns of Palm Beach and Manalapan, a much quieter wealth hub in the Sunshine State is emerging as a rival: Naples. The city that long attracted “newlyweds and ne

22h agoby Katherine Kallergis
Thumbnail for Inside Naples’ ultra-luxury shift
Rental MarketThe Real Deal LA

Meet the online domain titan picking up distressed downtown properties in SoCal

Who would want the Montrose, a West Hollywood hotel just steps from Sunset Strip? Pebblebrook Hotel Trust was sort of shopping the 133-all-suite hotel, but after tourism fell off a cliff, revenues flatlined and costs skyrocketed, wildfires tore through parts of Los Angeles, federal agents launched i

22h agoby Alena Botros
Thumbnail for Meet the online domain titan picking up distressed downtown properties in SoCal
Rental MarketThe Real Deal LA

Inside Spencer Pratt’s bid for Los Angeles mayor

Anger was in the air on Jan. 7, 2026, the one-year anniversary of the Palisades Fire. A large crowd gathered at Swarthmore Avenue and Antioch Street in the Pacific Palisades, in front of the burned shell of the historic Business Block building for a rally called “They Let Us Burn.” Spencer Pratt, th

22h agoby Kari Hamanaka
Thumbnail for Inside Spencer Pratt’s bid for Los Angeles mayor

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