Rent

… … The situation is indeed very challenging now for New York City renters but … rent for a Manhattan apartment hit $5000  for the first time everand the boroughs vacancy rate is below 2 percent In Brooklyn  the net effective median rent which factors in …

… The average rent for a Manhattan apartment hit $5058 a month in Junean … over June 2021driven in part by spooked buyers exiting the sales market and signing expensive leases instead Median … 141 percent of leases compared to 377 percent a year ago In Brooklyn the net effective median rent which factors in …