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

… In normal markets the rules of supply and demand dictate that … prices go down So you would think that when Manhattan rental apartment listings increase by over 40 percent rents would go down right Wrong The New York City rental …

By Jennifer White Karp |April 13, 2023 - 8:30AM
Manhattan median rent climbed to record high in January

… The New York City rental activity picked up the pace in January after a lull in new lease signings in prior … new records again In fact Manhattans median rent was the highest on record for the month of January and the …

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