Manhattan median rent hit $4,750 in November as renters continue to pay a premium

… to pay more than the landlord is asking seems absurd when rents are skyhigh but the practice has become a hallmark of New York Citys ultracompetitive real estate market Renters will typically offer moreeither through a bidding … shows up as a negative number on the Elliman Report  for Manhattan Brooklyn and Queens rental markets indicating that …

By Jennifer White Karp |December 11, 2025 - 9:30AM
How to break the lease for your NYC rental apartment

… years  If you need to leave your apartment before the end of the lease you risk losing your security deposit or even … sign a surrender of lease agreement that contains language legally releasing you from the contract Pro Tip Pro Tip … of 40 times the monthly rent  a clean credit history and  proof of employment   A landlord can withhold consent if …

By Evelyn Battaglia |June 16, 2025 - 10:30AM
Federal rental aid safe for now as White House reverses course

… Those landlords were missing expected payments as of Monday NYCHA received its funding Monday morning and immediately began processing payments a NYCHA spokesman told Gothamist In an aboutface on Thursday …

By Celia Young |January 29, 2025 - 3:45PM