Thursday 8 October 2020

Rental listings in Manhattan hit 14-year high as vacancies soar

Looking for a new apartment to rent in Manhattan? You’ve got options. The number of listings in the borough hit a 14-year high last month. The total of 15,923 is more than triple that of the same period last year, according to the latest Douglas Elliman rental report from appraiser Jonathan Miller. The vacancy rate hit 5.75 percent — for New York City, a stunning figure. Concessions in September also reached a record high, as



source https://therealdeal.com/2020/10/08/rental-listings-in-manhattan-hit-14-year-high-as-vacancies-soar/

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