Manhattan Rental Market


The Latest

(Chart by Miller Samuel)

Cautious buyers are pushing up Manhattan rent prices

Manhattan’s rental market has been getting back on track, thanks to cautious buyers. Pricing in the borough continued an...

Cautious buyers are pushing up Manhattan rent prices
Manhattan rental concessions keep growing — especially in new dev

Manhattan rental concessions keep growing — especially in new dev

Manhattan’s median rents took a hit as the market share of leases with concessions continued its rising streak. And...

Manhattan rental concessions keep growing — especially in new dev
New York’s most expensive* rental is a One57 unit asking $125K per month

New York’s most expensive* rental is a One57 unit asking $125K per month

Another unit at One57 has hit the market, and this one lays claim to being the most expensive non-hotel...

New York’s most expensive* rental is a One57 unit asking $125K per month
How not to stage a micro apartment

How not to stage a micro apartment

This Upper West Side micro studio is big enough to hold a mini fridge… as long as it’s sitting on the top of the apartment’s bunk bed. The 140-square-foot apartment was listed on StreetEasy...

How not to stage a micro apartment
Lalezarian buys Sutton Place rental for $25M

Lalezarian buys Sutton Place rental for $25M

Long Island-based Lalezarian Properties bought a five-story apartment building in Sutton Place for $25 million. The property, at 222...

Lalezarian buys Sutton Place rental for $25M
Manhattan rents rise, skewed by more demand for larger apartments

Manhattan rents rise, skewed by more demand for larger apartments

Following five consecutive months of decline, Manhattan saw its first increase in rent thanks to a growing demand for...

Manhattan rents rise, skewed by more demand for larger apartments
NYC commercial construction valued at $23.8B between 2013 and 2017

NYC commercial construction valued at $23.8B between 2013 and 2017

According to this week’s market reports, Manhattan rents dropped slightly in May and commercial construction activity in NYC totaled...

NYC commercial construction valued at $23.8B between 2013 and 2017
Manhattan rents rise, thanks to a luxury market that’s softer than it appears

Manhattan rents rise, thanks to a luxury market that’s softer than it appears

The rental market in Manhattan has flat lined at an uneasy equilibrium, with rents largely unchanged year over year...

Manhattan rents rise, thanks to a luxury market that’s softer than it appears
(Credit: Pixabay)

WeWork, WeLive, WeMoveOn?

WeWork’s expansion plans for its housing communities, known as WeLive buildings, haven’t met the company’s expectations, perhaps due to the fact that some tenants view it as a temporary crash pad, not a long...

WeWork, WeLive, WeMoveOn?
(Pexels, back; Twitter, front images)

Most New York tenants technically can’t afford their apartments

According to a new StreetEasy study that compared median income to median rents, Inwood is the last bastion of...

Most New York tenants technically can’t afford their apartments
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