MANHATTAN After seemingly topping out in July and August with new records for median rent, this price metric slipped in September as the vacancy rate expanded and new lease signings declined. Median rent fell 1.1% from…
BROOKLYN After topping out in July with a new record for median rent, this price metric slipped for the past two months as listing inventory expanded and new lease signings declined. Median rent fell 3.9% from the prior month…
NW QUEENS Median rent fell from the record set in the prior month as listing inventory expanded and new lease signings declined. Median rent slipped 9.5% from the previous month to $3,528 and 22.7% above the pre-pandemic…