Manhattan median rent spiked 6 percent to $4,500 in April

Renters signing new leases in Manhattan last month likely … sticker shock from sharply higher rents Median rent for the borough was up nearly 6 percent compared to a year … to pay more than landlords were asking to land their apartments The New York City rental market continues to see …

By Jennifer White Karp |May 15, 2025 - 9:00AM
Manhattan and Brooklyn rents hit new record highs in March

… hit record highs again fueled by increased competition for apartments plus a new wrinkle concerns about the economic fallout of President Donald Trumps new tariffs In Manhattan net effective median rent which factors in … are rising faster for nondoorman apartments considered the lower half of the market Median rent for these units $3595 …

By Jennifer White Karp |April 10, 2025 - 9:30AM
NYC sees median rents rise for the third month in a row

…  and  Brooklyn rental reports for December  Gary Malin COO at Corcoran noted Brooklyns relatively bustling rental …

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