Manhattan rents reach record $5K per month on average in June - Fox Business
7/15/2022 12:00:00 AM2 years 9 months ago
by Daniella Genovese
by Daniella Genovese
Rents in New York City have surged to a new high. In June, the average rent reached $5,058, up 29% from a year ago and surpassing the $5,000 threshold for the first time.
The average rental price in Manhattan surpassed $5,000 per month in June for the first time in history, according to new data. According to a new June report from brokerage firm Douglas Elliman and… [+2516 chars]
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