< All Market Reports
Elliman Report: Manhattan, Brooklyn & Queens Rentals 6-2023
MANHATTAN Both median and net effective median rent slipped month over month to their second highest levels in history. Net effective median rent, median rent less concessions, rose annually by 6.2% to $4,268, the second highest since tracking began fifteen years…
BROOKLYN Net effective median rent, median rent less concessions, rose annually by 8.1% to $3,531, the third straight month with a new high since tracking began fifteen years ago. Median rent rose 7.8% annually to $3,557, the highest in history, after reaching new highs…
NW QUEENS Net effective median rent, median rent less concessions, surged annually by 19.2% to $3,543, a new high since tracking began fifteen years ago. Median rent jumped 19% annually to $3,573, the highest in history. New lease signings declined 13.5% for the…
