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Elliman Report: Manhattan, Brooklyn & Queens Rentals 7-2022

MANHATTAN  The upward trajectory of rental prices continued this month as the use of landlord concessions continued to fade. The net effective median rent, face rent minus landlord concessions, surged 33.4% year…

BROOKLYN  The net effective median rent, face rent minus landlord concessions, surged 20.8% yearly to $3,370, reaching a new high for the third consecutive month. Median rent jumped 18.3% annually to $3,400 for the…

NW QUEENS  The net effective median rent, face rent minus landlord concessions, rose 16.8% yearly to $3,129, reaching a new high for the second time in four months. Median rent increased 10.4% yearly to a new record of…

 

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