More units in Manhattan, and slightly lower prices in the outer boroughs, provide plentiful opportunities for renters.
Tag: Brooklyn
With only 1,558 available listings, listed inventory fell for the eighth consecutive quarter to the lowest total since 4Q 2013.
Higher prices haven’t yet caused tenants to pump the brakes.
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.