Manhattan median rent hits new high as NYC defies U.S. trends

… In normal markets the rules of supply and demand dictate that when theres more supply prices go down So you would think that when Manhattan rental … fourth lowest in history they still remain below the 10year average for the month of March 6966 Miller says That means …

By Jennifer White Karp |April 13, 2023 - 8:30AM
Gap widens between Manhattan and Brooklyn median rents as demand for luxury rentals surges

… Comparing the difference between what you pay in rent for a Manhattan or Brooklyn apartment can be something … the gap between Brooklyn and Manhattan rents is also apparently a way to track the strength of the New York City rental market relative to the economy For example the spread …

By Jennifer White Karp |March 9, 2023 - 9:00AM