MANHATTAN The Manhattan rental market continued to
challenge consumers with rising prices, falling
vacancy rates and declining use of landlord
concessions. Median rental price increased
3.3% to $3,300 from the same month last year,
the fourth year-over-year monthly increase
and the highest level in more than 5 years…

BROOKLYN Brooklyn rents remain near record highs, but
rents have been stabilizing over the past 6
months. Median rental price posted a record 13
consecutive year-over-year monthly increase,
rising 2.3% to $2,800. The June median rental
price remained essentially the same since

QUEENS After 4 consecutive months of year-over-year
gains in median rental price, the northwest
region of Queens, including Long Island City,
Astoria, Sunnyside and Woodside, slipped 0.5%
to $2,830 from the same month last year, but
remained on par with Brooklyn levels…