November 22, 2021 - Rava Realty

Manhattan Rental Report: Oct. 2021 Data

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There were 4,395 New Lease signings in Manhattan by the end of October -22.1% compared to Oct. 2020, falling to their lowest level in a year but the activity remained higher than the decade average for October due to post-pandemic recovery and prices rebound.

The Median Rental Price was $3,495, up +12.7% from the previous year, the same fate for the Net Effective Median Rent, which rose annually at the highest rate in ...

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