Gap widens between Manhattan and Brooklyn median rents as demand for luxury rentals surges

… between what you pay in rent for a Manhattan or Brooklyn apartment can be something to brag about Or it can help … range In 2023 a high volume of new leases for expensive luxury rental properties continue to propel Manhattan median … has been boosted by highwage earners parking in luxury rentals while they wait for mortgage rates to come down In …

By Jennifer White Karp |March 9, 2023 - 9:00AM
Buying plans on hold for now? Here's what you can do to gain an advantage later

… Rising mortgage rates which make buying 55 percent more expensive this year have spooked a lot of wouldbe New York City buyers sending them fleeing from the market But even buyers who dont need financing are sitting out Kimberly Jay a broker at …

By Jennifer White Karp |October 25, 2022 - 9:30AM