NYC rents hit record highs, new leases plunge as April market sees 'dramatic shifts'

… If you were hoping rents were going to fall in New York City you are not going to like the April snapshot of the rental marketwhich found rents trending upwards But … percent the highest April vacancy rate recorded in at least 14 years Brooklyn saw the net effective rent meaning rent

By Jennifer White Karp |May 14, 2020 - 1:30PM