MANHATTAN Rent per square foot jumped 13.5% annually to $87.87, a record high. Median rent edged 1.3% higher from the previous year to $4,150, the first gain in three months, remaining 15.4% above the pre-pandemic level…
BROOKLYN Median rent was unchanged from the previous year at $3,500, remaining 17.2% above the pre-pandemic level. Average rent did not follow the same pattern, falling 7.6% to $3,849. Net effective median rent, median…
NW QUEENS Median rent fell 5% to $3,200 from the previous year for the second decline in three months. Average rent followed the same pattern, falling 4.3% to 3,422. Net effective median rent, median face rent plus concessions…