MANHATTAN The net effective median rent, face rent less landlord concessions, surged annually by a record 38.7% to a record of $3,870. A similar pattern was observed for both the upper and…

BROOKLYN The net effective median rent, face rent less landlord concessions, jumped year over year by 14.7% to $2,998, the third-highest on record. The annual growth rate has been…

NW QUEENS The net effective median rent, face rent less landlord concessions, surged annually by a record rate of 28.7% to a new high of $3,050. The annual growth rate has generally been expanding…