MANHATTAN For the fourteenth consecutive month, median
Manhattan rental price moved higher than
the same period last year. Price gains were
observed in all size categories with the largest
increases found in the entry and mid tier
segments of the market. Median rental price
increased 3.5% to $3,361 as compared to
April 2014…

BROOKLYN After slipping over the past two months, the
median rent for Brooklyn increased 5.6%
above the prior year level to a record $2,961,
the highest point tracked in this report series
beginning in 2008…

QUEENS Despite the 5% decline in median rent for the
overall Northwest Queens market, all size
categories showed year-over-year increases.
A 14.5% surge in market share of 1-bedroom
rentals during the month skewed the overall
price indicators lower…