Rents keep rising in NYC, making leases from last year look like deals

… above the landlords last asking amount … How an inventory rise may slow rent increases … One factor youd expect to slow rent … consecutive month However these increases in available apartments are unlikely to bring rents down as we head into …

By Emily Myers |June 8, 2023 - 11:30AM
Manhattan rents hit new records for the second month in a row and many tenants are staying put

… With rents hitting new highs in Manhattan Brooklyn and Queens last month lots of tenants with leases up for renewal …

By Jennifer White Karp |May 18, 2023 - 9:30AM
Demand for new rentals near subway stops in the outer boroughs spurs higher rents

… What happens when lots of New York City renters head to the same outer borough areas in search of … much a renter can save on a one bedroom by living far from Manhattan or near a different subway station The rental … stations to attract renters drove up rents particularly in Brooklyn and Queens neighborhoods … Rentstabilized units at …

By Jennifer White Karp |May 15, 2023 - 5:00PM