MANHATTAN Median rental price increased by 1.9% to
$3,195 from the same period last year as
average rental price and average rental
price per square foot slipped 0.8% and
2.2% respectively over the same period. On
a quarterly basis, the median rental price
of $3,195 is the highest we have seen in
four years. The use of landlord concessions
remained limited, accounting for only 3.4%
of rental transactions with an average
amount equivalent to one month’s rent…

BROOKLYN The
median rental price in Brooklyn was
$2,737, up 13.5% year-over-year, the
biggest jump since August 2012.
Average rental price and rental price per
square foot also showed large gains,
surging 13.6% and 9.5% over the same
period…