Manhattan apartment rents reached a record high of $4,250 in April, indicating potential record-breaking summer prices.
Manhattan apartment rents reached a record high for April at $4,250, an increase from the previous year. This suggests a potential record-breaking summer for rent prices, with landlords pushing prices higher and vacancies remaining near historic lows. Tenants have no choice but to agree to pay more due to the competitive market, which is expected to intensify as the weather warms.
May 09, 2024
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