Higher prices haven’t yet caused tenants to pump the brakes.
Tag: Brooklyn
Mid-summer demand is high for rentals across all corners of the city.
Across the city, rents were up year-over-year for all product types.
For a multitude of lifestyle-driven or financial reasons, the city is on the move.
New York apartment rents remain on an upward trajectory while inventory expands.
New York’s rental market rolled into spring on a positive note for landlords.
In Manhattan, the vacancy rate ticked up from January to February as apartments took longer to find tenants and leasing activity slowed.
Manhattan landlords are experiencing just enough winter traffic that they don’t feel compelled to reduce rents.
In Manhattan, December leasing activity closely matched 2019 levels while median rent remained unchanged for the past 90 days.