NYC rents hit record highs, new leases plunge as April market sees 'dramatic shifts'

… If you were hoping rents were going to fall in New York City you are not going to like the April snapshot of … But apartment hunters should keep in mind a snapshot doesnt tell the full story First the seemingly bad news Many … a new lease renters are staying put But how can you assume what happened in Manhattan in April was a surge in lease

By Jennifer White Karp |May 14, 2020 - 1:30PM