New York City|News|
Manhattan Rent Falls But Somehow Still Breaks March Record: Study
The rent is so high, even a decline still puts it at record-breaking levels.

The rent is so high, even a decline still puts it at record-breaking levels.

Renters face increasing financial hardships while landlord incomes have risen, according to back-to-back Rent Guidelines Board studies.

Is it time to move across the Hudson into a 6 bedroom, 3/1 bath home with a generous yard and less than a mile to Mid-Town Direct Trains?
During the Gilded Age of architecture, wealth was often on display in opulent mansions rowhouses of industrialists and politicians.
The rent has never been higher for a February across three boroughs, according to a new study.
The decline is the first since 2022, and signals a competitive spring scramble for apartments, according to a new StreetEasy study.
Once a Caldor discount department store, the building now houses a basement food court where stalls sell dumplings, noodles, and more.
Here's a hint: Pete Davidson.
Manhattan ranks 187th out of 189 cities for how far a paycheck stretches after rent, among other depressing findings from a new study.
So much for January's falling rent. (Granted, it was still more than $4,000.)
OneKey® MLS Reports Single-family, Closed Median Sale Price of $649,000
January's eviction numbers were nearly identical to those in January 2020, right before the COVID pandemic struck, according to data.
"Upfront costs" such as broker fees for moving into a new rental are up 29 percent since before the pandemic, a study found.
Give into real-estate voyeurism and satisfy your “house envy” by peeking inside these luxury homes in neighborhoods A-listers call home.
"Stark does not begin to describe that scenario for someone looking for a home," Gov. Kathy Hochul said of the city's 1.4 percent rate.
The city's too-high rent makes Jersey City's second-priciest in the nation look cheap, according to a new study.
This week, city inspectors found roaches in Astoria, broken self-closing doors in Flatbush, mice infestation in Bed-Stuy, and more.
Celebrated New York City favorites like Superiority Burger and a bakery in Harlem are contenders for James Beard awards this year.
Mice and roaches and lead-based paint, oh my.
The city's worst landlord set a new record for most open violations — nearly 3,300 — in a year, said Public Advocate Jumaane Williams.
Believe it or not, the city's median rent of $3,500 in November is good news.
Here's a hint for where prices could fall: the borough with $4,000-plus rents.
This week, city inspectors found roaches in Queens, mice in Bed-Stuy, broken self-closing doors in the West Village, and more.
Tenants in the city’s public housing system collectively hold more than half a billion dollars in unpaid rent, Mayor Adams' office said.
The median asking price for a New York City home was the highest it's been since 2017 in October, according to a new study from StreetEasy.
Only in New York is nearly $4,200 rent good news.
Mice and roaches and lead-based paint, oh my.
CEO Visits New York to Engage Goldie Scholars, Alumnae, and Stakeholders about In-Person Programming Growth
Turns out it's hard to sell a home in a city where the typical asking price is more than $1 million.
What’s being built down the block? How much did your neighbor pay for that place? Here's THE CITY’s document-digging guide.
The grim housing construction projection for this year is far below the 30,000 homes originally expected, a new study found.
Don't celebrate the rent dip yet — a typical Manhattan apartment cost $4,350 in September, according to a new study.
The Rent Control Board's controversial decision to allow 3 percent rent increases goes into effect on Oct. 1, city records show.
A Miami high-rise condo with a rooftop pool costs about as much as a West Village studio. Just saying.
The change comes amid a housing shortage and officials' planned move to alter the city's right-to-shelter.
Trust us, there's some good news in a new study that found Manhattan's typical rent stayed at $4,400 in August.
"If New York City comes out with full elimination, this would be national news," Lind said. "The administration would be lauded for this."
Mayor Eric Adams wants to rewrite zoning rules to allow for the conversion of 163 million square feet of empty office space into housing.
New York City's rent prices in July boiled over into record-breaking territory in nearly every way measured by a new study.
"New York's eviction machine is in full swing," an advocate said.