MANHATTAN  Despite the third consecutive monthly decline in median rent since reaching a new high of $4,400 in August, the metric remains 11.1% above the pre-pandemic level. Median rent fell 2.3% yearly, the first annual decline…

BROOKLYN  While there was a 5.9% annual increase in median rent to $3,495, it has remained well below the $3,950 record set in July, the metric 18.5% above the pre-pandemic level. Average rent increased 0.1% to $3,786, down…

NW QUEENS  Median rent slid 0.3% annually to $3,175, the first decline in eleven months. It has remained well below the $3,900 record set in August and is 6.2% above the pre-pandemic level. Average rent stabilized annually at $3,403…