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Elliman Report: Manhattan, Brooklyn & Queens Rentals 1-2022

MANHATTAN New leasing volume dipped below the decade average as listing inventory continued to collapse as prices reached record levels. Net effective median rent, the face rent, less landlord concessions, surged…

BROOKLYN New leasing volume slipped annually while listing inventory fell sharply as prices rose. The number of new leases fell 8.7% to the second highest January on record at 1,412 and 33.2% above the same period two…

NW QUEENS New lease signings continued to surge year over year as listing inventory collapsed, and prices surged. The number of new leases surged 37.4% to 404, the highest January total on record and 31.2% above the same…

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