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Elliman Report: Manhattan, Brooklyn & Queens Rentals 8-2023

MANHATTAN  All rental price trend indicators expanded year over year as lease signings weakened over the past two months, suggesting the market may be close to “topping out.” Despite August being the peak of the…

BROOKLYN  All rental price trend indicators expanded year over year as lease signings fell sharply over the past two months, and while August is the peak of the annual leasing season, the 1,280 new lease signings were 40.5% below…

NW QUEENS  All rental price trend indicators expanded year over year to new highs as lease signings fell sharply over the past two months. While August is the peak of the annual leasing season, the 233 new lease…

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