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

… Rents in New York City just keep going higher In May Manhattan median rent reached $4395 up 99 … above the landlords last asking amount … How an inventory rise may slow rent increases … One factor youd expect to … 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