Hit with 30 percent (or higher) rent increases, many NYC tenants are in 'shock'

… renters with leases up for renewal Landlords are trying to bring rents up for current tenants to match what they could get on the market and brokers tell Brick … apartment where tenants are paying $3000 a month are being asked to pay $4000 when they renew their lease Some hikes …

By Jennifer White Karp |March 2, 2022 - 12:30PM
2022 NYC real estate forecast: Buyers look over their shoulders, sellers wait for prices to rise, renters catch a break

… discounts and concessions nearly evaporated as owners and sellers gained the upper hand Now that Omicron infections … asking over $40000 a month says Kirsten Jordan a broker at Douglas Elliman These trends will continue in 2022 she predicts The …

By Jennifer White Karp |January 3, 2022 - 9:30AM