Manhattan and Brooklyn rents hit ‘unusual’ all-time highs in February

… City rentals hit new records in February typically a slower month for the rental market and that competition helped … rent in Manhattan and average rent per square foot in Brooklyn to new highs Manhattan median rent for new leases … Brick Report … Manhattan new leases trending … It was the 11th consecutive month with an increase in new lease …

By Jennifer White Karp |March 13, 2025 - 9:30AM