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Elliman Report: Manhattan, Brooklyn & Queens Rentals 2-2022
MANHATTANÂ Net effective median rent surged year over year by a record 27.7% to reach a new high of $3,630. In fact, all net effective rental price trend indicators and face rental price trend indicators soared by record annual rates to reach new records. This month, there was a…
BROOKLYNÂ Net effective median rent increased annually to $2,850, the third-highest result for the month of February in more than a dozen years. All net effective rental price indicators and face rental price indicators rose annually but fell short of pre-pandemic…
NW QUEENSÂ The number of new leases rose annually by 35.8% to 524, the third-highest total on record. Net effective median rent rose 18.2% to $2,833, the third-highest result for the month of February in more than a dozen years…
