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 … or a direct offer to an ownerafter theyve lost out on other apartments and are feeling desperate On the sales side … rent that renters agree to pay and the marketwide average for asking rents Its called the listing discount a holdover …

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

When you sign a lease for a New York City rental apartment its essential to understand that you are signing a binding contract That … the hook for the entire lease term which typically spans 12 months but can be as long as three years  If you need to

By Evelyn Battaglia |June 16, 2025 - 10:30AM
NYC mayoral hopefuls want a rent freeze, but tenants may have to wait until 2026

… tenants would see their rent frozen before October 2026 Rent increases at Gothams rentstabilized apartments are … be able to appoint anyone until they take charge in January 2026  Were still a ways out in terms of any immediate relief … Whoever wins the mayoral race will be sworn in on Jan 1st 2026 and could appoint new RGB members to push through a …

By Celia Young |December 10, 2024 - 5:00PM