Brooklyn and Manhattan prices have finally come down enough to pull renters back. It could be an early indicator for the rest of the city. New lease signings had been down in Manhattan year-over-year for the previous 14 months, but last month was the busiest October in 12 years. The market share of landlord concessions and new concessions set new records, too — and the net median rent fell to its lowest level in nearly
source https://therealdeal.com/2020/11/12/new-leases-in-manhattan-and-brooklyn-surge-elliman/
No comments:
Post a Comment