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Elliman Report: Manhattan, Brooklyn & Queens Rentals 10-2022
MANHATTANÂ The net effective median rent remained below the $4,000 threshold for the past two months after peaking at $4,150 in July as the net effective average rent reached a new high for the sixth consecutive month. The…
BROOKLYNÂ The net effective median rent remained below the $3,500 threshold for the past two months after peaking at the end of the summer. The net effective median rent was $3,457, up 26.6% annually, and was 19%…
NW QUEENSÂ The net effective median rent was $3,067, up 17.4% annually, and was 7.5% above prepandemic levels. The number of new leases was 387, down 2.8% from the prior year but was 22.9% higher than pre-pandemic levels…
