NYers bring higher rents to burbs, vacation bookings heat up, & more

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Rents have fallen in New York City and increased in the suburbs, following the path of this year’s migration, according to a new report from Zumper (press release)

One year into the pandemic, PropertyShark finds NYC’s median sales price has gained 3 percent since March 2020 (press release)

Many struggling NYC renters are trapped under a mountain of debt and scared about what happens after the eviction moratorium expires (Gothamist)

Rent-stabilized tenants in Inwood filed a lawsuit against their landlord George Huang for failing to make repairs to their building that was damaged by a four-alarm fire on January 5th (press release)

Online search and booking activity for summer rentals is breaking records (The New York Times)