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Despite the high rents, demand remains strong in part because it continues to be difficult to obtain a mortgage.
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For sale and to rent signs are in shops windows everywhere, as older businesses unable to afford increased rents demanded by existing and new landlords are forced to close their doors.
I know a number of Greenpoint residents who cannot afford $500,000 condos, much less pay the exorbitant rents demanded by landlords nowadays and have money left over for food.
Medical malpractice market reforms also could influence the nature of rents demanded by physicians from health insurance companies, thereby potentially influencing health insurance losses without changing the nature of provider-patient interactions.
Gilbert's only rent demand?
Mr. Wrenn called the rent demand "exorbitant".
The rent demand needs to be served at the apartment and the nursing home.
If the rent is not paid by the date in the rent demand, the owner can start an eviction proceeding.
She said she planned to contest the rent demand in court.
Apartment developers moving forward, however, ultimately could realize that young renter demand is shallower than they anticipated.
To do that, the service of certain paperwork — like a "rent demand" and a "notice of petition and petition" — is statutorily required.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com