market reports

… this already more than a half dozen times Manhattan median rent jumped by large amount year over year climbing 89 … December to $4720 the secondhighest on record It was the 15th time Manhattan median rent showed a large annual gain according to the December …

… to pay more than the landlord is asking seems absurd when rents are skyhigh but the practice has become a hallmark of New York Citys ultracompetitive real estate market Renters will typically offer moreeither through a bidding … or a direct offer to an ownerafter theyve lost out on other apartments and are feeling desperate On the sales side …