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Elliman Report: Manhattan, Brooklyn & Queens Rentals 12-2022

MANHATTAN  Net effective median rent, median rent, less landlord concessions, was $3,976, the third time it fell below the $4,000 threshold since peaking last summer. The decline was caused by the modest expansion of the market share of landlord concessions…

BROOKLYN  Net effective median rent, median rent, less landlord concessions was $3,250, remaining below the $3,464 peak last summer. The pattern was created by the modest expansion of the market share of landlord concessions to 19.1% from 13.9% at the end…

NW QUEENS  Net effective median rent, median rent, less landlord concessions, was $2,764, remaining below the $3,176 peak last September. The pattern was created by the modest expansion of the market share of landlord concessions to 16.3% from 10.5%…

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