NYC Rents Are Plummeting. But Will It Last?

Apr 23, 2021 |

Asking rents in New York City have been consistently dropping throughout the pandemic. The market reached a new milestone in the first quarter of 2021, as NYC rents hit record lows. The StreetEasy Rent Index dropped by 16.8% year-over-year in Manhattan, and rents fell to a new low of $2,700 a month. That’s the cheapest […more]

Posted in: New York

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