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Elliman Report: Manhattan, Brooklyn & Queens Rentals 3-2022

MANHATTAN Rents continued to rise year over year to record or near-record levels while new leasing activity surged month over month, consistent with a return to seasonal patterns…

BROOKLYN Net effective median rent, face rents less landlord concessions, rose year over year by 13.1% to the third-highest level of $2,955. This price metric was 1.4% higher than the same…

NW QUEENS Listing inventory continued to plunge, falling 88.6% year over year to 460, but remained 34.9% above pre-pandemic levels. Net effective median rent, face rents…

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