NYC rents and inventory dipped in October

Rents across the city continued their downward spiral in October, even as the number of apartments on the market began to wane, an analysis by The Real Deal found. In Manhattan, the median rent fell to $3,100, a 3 percent drop since September. The number of listings sunk to 19,500, just below the 20,000 apartments listed the month prior. It’s the second consecutive month where inventory declined in the borough. Brooklyn saw a similar decline

source https://therealdeal.com/2020/11/06/nyc-rents-and-inventory-dipped-in-october/