Rental prices hit new highs in Brooklyn and Manhattan last month as concessions slightly decreased. In Brooklyn, the median rent price reached a record high of $3,015 following eight consecutive months of growth, according to the latest market report from Douglas Elliman. Rent prices also climbed in Manhattan, where the median price reached $3,500. In outlier Northwest Queens, median rents dropped 1.2 percent to $2,960. Jonathan Miller, CEO of appraisal firm Miller Samuel and author […]
source https://therealdeal.com/2019/09/12/rents-hit-record-highs-in-manhattan-and-brooklyn-while-concessions-slip/
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