Anna P. Kambhampaty

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Median Rent in Manhattan Reaches a New High

The median rent in Manhattan was $4,000 in May, a record attributed to people returning to New York City and high mortgage rates.The median rent in Manhattan reached $4,000 in May, the highest price ever reported by the brokerage Douglas Elliman. This was a nearly 2 percent increase from April and more than a 25

By |2022-06-16T09:52:26-07:00June 10th, 2022|Industry News|
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