Rents hit record February high in Manhattan and Brooklyn

Renters who hoped to find a New York City apartment at a discount this spring encountered recordhigh February rents according to the latest Douglas Elliman market report The median rent in Manhattan and Brooklyn hit their highest levels on record …

By Celia Young |March 19, 2024 - 9:24AM
Manhattan median rent 'is falling faster than anticipated'

rent for new leases slipped again in New York City last monthand the decline was more pronounced for Manhattanpart of … over month dropping 46 percent to $4000 And it was the first time Manhattan median rent saw an annual drop in 27 … in December 2022 $3250 It was $3155 in November and nearly flat compared to both the prior month and prior year New …

By Jennifer White Karp |December 14, 2023 - 9:30AM