Manhattan median rent climbed to $4,571 in May, hitting a record for the third time

…  for the Manhattan Brooklyn and Queens rental markets The NYC rental market has seen increased competition and higher … and opting for rentals at least temporarily But another factor appears to be the FARE Act NYCs new broker fee law that shifts responsibility …

By Jennifer White Karp |June 12, 2025 - 9:30AM
Manhattan median rent spiked 6 percent to $4,500 in April

Renters signing new leases in Manhattan last month likely … for apartments from would bebuyers who got cold feet about mortgage rates the economy and the impact of President … to renters is to keep an open mind when seeking a new home There are opportunities around every corner in New York …

By Jennifer White Karp |May 15, 2025 - 9:00AM
Brooklyn median price nears $1 million but the spring market is a question mark

… quarter of 2025 as buyers continued their return to the market but whether this trend will hold amid the economic … by 92 percent Until the fourth quarter the Brooklyn sales market had not seen an increase in transactions in 10 … resilience and reputation as a soughtafter place to call home said Michael Sorrentino senior vice president and …

By Jennifer White Karp |April 10, 2025 - 12:30PM
Manhattan and Brooklyn rents hit new record highs in March

… March was another unusual month for the New York City rental market Rents hit record highs again fueled by increased competition for apartments plus a new wrinkle concerns about the economic …

By Jennifer White Karp |April 10, 2025 - 9:30AM