Average rent for a Manhattan apartment passes $5,000 for the first time

… The average rent for a Manhattan apartment hit $5058 a month in Junean … over June 2021driven in part by spooked buyers exiting the sales market and signing expensive leases instead Median … 141 percent of leases compared to 377 percent a year ago In Brooklyn the net effective median rent which factors in …

By Jennifer White Karp |July 14, 2022 - 9:30AM
One year later: Checking in with the NYC newcomers who had steep rent discounts

… city seemed very bleak All were lured here by substantial rent discounts and incentives that created onceinalifetime opportunities for anyone who had been toying with the idea of moving to The Big Apple But that was then Now a year or so later those discounted leases are up for renewal …

By Kelly Kreth |April 7, 2022 - 12:30PM
I was charged a lower amount for my NYC rent-stabilized apartment. Will I have to pay the difference?

… … You have two options when you are invoiced for a lower rent than usual Pay and risk it being a billing error or … the amount is correct before paying When you pay the lower rent without checking with your landlord you might be … who were going through difficult times Editors Note  Realty Bites  tackles your NYC rental questions  Have a …

By Austin Havens-Bowen |March 31, 2022 - 1:30PM