Manhattan median rent hits $4,000 for the first time ever

… rent a onebedroom apartment for $4000 and meet a standard NYC landlords annual income requirement of 40 times the … A jump in demand from renters for new leasesincluding from some wouldbe buyers who got shut out of the sales market as … at least 80 times the monthly rent and resides in New York Some landlords will also allow guarantors from New Jersey or …

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

… the pandemic Brick Underground launched a series called The Newcomers firstperson accounts of people who moved to New … city seemed very bleak All were lured here by substantial rent discounts and incentives that created onceinalifetime … leases are up for renewal and landlords are hiking rents up to prepandemic levels and there are bidding wars …

By Kelly Kreth |April 7, 2022 - 12:30PM