Betting Manhattan rents will fall from record heights, renters shun longer leases

… The good news for Manhattan apartment hunters is that rents did not set yet another record in August The bad news is that rents were the secondhighest in history last month Still it … which factors in concessions was $4059 in August a drop of 1 percent from the previous month when it hit a new record …

By Jennifer White Karp |September 22, 2022 - 9:30AM