NYC's loss of renters, record signed leases in November, & more
By Austin Havens-Bowen |December 18, 2020 - 4:00PM
This week, readers visited Brick Underground to learn how NYC's loss of renters compares to other major U.S. cities. According to a recent RentCafé report, NYC places third, behind Detroit and Oklahoma City, with 25 percent more renters who moved away in 2020 compared to 2019.
Also of interest: Brooklyn and Manhattan saw a spike in new leases signed in November for the second month in a row. But, it took landlords offering steep rent drops and significant concessions to pull renters back to the city after months of declines, according to the most recent Elliman report.
Here, in full, are this week's most popular posts.
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