Manhattan median rent hit $4,700 in July, the fifth record in six months

… Each month rents for new leases in New York City are setting new annual … records reflecting a highly competitive rental market In Manhattan median rent rose to a new high for the fifth time … latest edition of the  Elliman Report  for the Manhattan Brooklyn and Queens rental markets July saw Manhattans …

By Jennifer White Karp |August 14, 2025 - 9:30AM
Median sales price in Brooklyn climbs to $995,000 in the second quarter

… Brooklyns median sales price continued to flirt with the $1 million mark amid rising sales in the second quarter Both the median and average sales prices in the borough reached new highs for the second …

By Jennifer White Karp |July 10, 2025 - 10:03AM
Manhattan median rent rose to $4,625 in June for another record-breaking month

… June was another recordbreaking month for the New York City rental market underscoring the pain felt by renters signing new leases Manhattan median rent rose to a new high for the fourth time … latest edition of the  Elliman Report  for the Manhattan Brooklyn and Queens rental markets Renters of one in four …

By Jennifer White Karp |July 10, 2025 - 9:30AM
Manhattan median rent climbed to $4,571 in May, hitting a record for the third time

… a lease in New York City these days Manhattan median rent for new leases hit a new high in May for the third time in … on hold and opting for rentals at least temporarily But another factor appears to be the FARE Act NYCs new broker fee law that shifts responsibility for broker fees …

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 experienced sticker shock from … latest edition of the  Elliman Report  for the Manhattan Brooklyn and Queens rental markets New York City is seeing …

By Jennifer White Karp |May 15, 2025 - 9:00AM