The pandemic gives NYC renters a new imperative to renew their leases

… pricey apartments have opted more and more to renew their leases rather than move Then the pandemic hit NYC in … in new leases in 12 months The number of new leases dropped 377 percent This was the secondlargest annual decline in new … increased 57 percent to $3477 and the median rent for one bedrooms rose to its highest level on record $3650 For …

By Jennifer White Karp |April 9, 2020 - 9:20AM