NYC Rents | 6sqft

City Council approves NYC's first-ever pro soccer stadium in Queens

Fifth Avenue's tallest residential tower launches sales, from $1.7M

Double turreted condo in a Central Park West castle is a quirky NYC dream home for $10.5M

New York City rents hit record highs in January

Photo by Rachel Martin on Unsplash

February 13, 2023

New York City rents hit record highs in January

By Devin Gannon

Moving during the winter in New York City once meant lower rents and more incentives. But according to a new report from Douglas Elliman and Miller Samuel, rents in the month of January hit, or nearly hit, record highs in Manhattan, Brooklyn, and Queens.
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Real Estate Trends

As rents increase in New York City, so do evictions

Photo courtesy of CityRealty

July 28, 2022

As rents increase in New York City, so do evictions

By Devin Gannon

The number of evictions in New York City has increased every month from January to June, according to new city data. The state's eviction moratorium expired on January 15 after officials extended it several times after it first took effect in March 2020, at the start of the pandemic. The data comes as more bad news for renters, who are facing record-high rents after prices fell early on in the pandemic.
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Median rent in Manhattan hits $4,000/month for the first time

Photo by Dimitry Anikin on Unsplash

June 10, 2022

Median rent in Manhattan hits $4,000/month for the first time

By Michelle Cohen

According to the May 2022 Elliman Report for Manhattan, prepared by appraiser Miller Samuel Inc. for brokerage Douglas Elliman, median rent arrived at the $4,000/month mark for the first time ever, with average rent hitting just under $5,000/month. May 2021 median and average monthly rents were $3,195 and $4,078, a 25.2 percent and 22 percent jump, respectively.
Rising rents, shrinking inventory, this way

Real Estate Trends

August 12, 2014

Real Estate Wire: How Many Jeans Do You Need to Sell to Afford Williamsburg’s Retail Rents?

By Diane Pham

How many jeans will Diesel need to sell to make rent at 101 Bedford? Greenpoint’s Andy Smith does a quick and dirty calculation. [Tremr] New York has only the 6th highest rents in the country. Apparently we lag behind behind San Francisco, San Jose, San Diego, Washington DC and Boston. Surprised? [Brokelyn] The 10 biggest real estate projects filed in […]

Real Estate Trends

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City Council approves NYC's first-ever pro soccer stadium in Queens

Fifth Avenue's tallest residential tower launches sales, from $1.7M

Double turreted condo in a Central Park West castle is a quirky NYC dream home for $10.5M

New York City rents hit record highs in January

As rents increase in New York City, so do evictions

Median rent in Manhattan hits $4,000/month for the first time

Real Estate Wire: How Many Jeans Do You Need to Sell to Afford Williamsburg’s Retail Rents?

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