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

… of 29 percent over June 2021driven in part by spooked buyers exiting the sales market and signing expensive leases … edition of the  Elliman Report Brokers tell Brick that buyers are fearful of a recession and willing to pay a … like the world is going to hell so now is not the time to buy But they are willing to pay more for rentals It feels …

By Jennifer White Karp |July 14, 2022 - 9:30AM