Manhattan apartment rents jump to record high

Manhattan apartment rents jump to record high as bidding wars spread
Manhattan apartment rents soared to a record high in February amid intense competition, including bidding wars in a more than a quarter of all deals.
Manhattan rents reached a record high in February — and so have bidding wars for rental units
Winter in New York City often enjoys a cooler real estate market, but not this year. Renters in Manhattan were met with record-high rents in February, with a median rent of $4,500 — a 6.4% uptick from the same time last year.
Manhattan Apartment Rents Soar to a New Record
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Affluent Renters Paid Record Prices for Manhattan Apartments in February
Manhattan’s luxury rents hit a record price per square in February. Last month, rents in the New York borough’s luxury sector—defined as the top 10% of the market—hit $104.86 per square foot, up 14.6% from last year and the highest it’s been on record, according to a report from Douglas Elliman on Thursday.
Manhattan rents set a new record during normally quiet February
Apartment rents in Manhattan hit a new record high during the typically calm month of February, an ominous sign for how the rest of the year might shake out.
February rents rise in Manhattan, hold steady in Brooklyn
Manhattan's median apartment rent surged 4% to $4,730, while Brooklyn's rent remained steady at $3,995. New data from Corcoran reveals a 16% decrease in Manhattan lease signings and a 9% drop in Brooklyn leasing activity.
Hoodline1h
Historic NY Daily News Building Transforms Into Affordable Housing, Applications Open for Manhattan Residents
Water Street in Manhattan transforms from offices to residential building, with affordable units available via lottery.
Influencers Show Off 'Shoebox' Apartment in New York That Is So Small, They Have To Live Out of Suitcases Because There's No Space for Closets
While many Manhattan homes are limited on space, Gholston and Stasko's apartment takes the concept of tight living quarters ...
Bisnow2d
Manhattan Rents Hit New High With No Relief For Tenants In Sight
Median rents in the borough soared 6.4% higher than a year ago, with bidding wars upping the ante in a normally sleepy month ...
Liam Neeson Puts a $10.8 Million Price on His Park-View Manhattan Pied-à-Terre
Previously offered for $12.8 million, the actor's Upper West Side apartment overlooking Central Park has a primary suite with ...
Mansion Global1d
Joel Grey Parts With Longtime West Village Apartment, Selling It for $7.6 Million
Actor Joel Grey has sold his longtime Manhattan condo, sealing the deal last month for $7.6 million. Grey, 92, bought the ...