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NewsMar 23, 20260 views

Record New York Apartment Rents? Blame Policymakers, Not Landlords.

New York City’s market-rate apartment rents are reaching levels that would have seemed unimaginable just a few years ago. In February, the median rent in Manhattan reached $5,000 per month for the first time in history. Brooklyn also set a new record, with median rents climbing to nearly $4,300 a mo

Source: Commercial Observer

New York City’s market-rate apartment rents are reaching levels that would have seemed unimaginable just a few years ago. In February, the median rent in Manhattan reached $5,000 per month for the first time in history. Brooklyn also set a new record, with median rents climbing to nearly $4,300 a month. At the same time, […]

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