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Elliman Report: Manhattan Rentals 4Q 2011

The median net effective rent (face rent less landlord concessions) jumped 9.5% to $3,121 from $2,950 in the same period last year.  The year-over-year-gains were consistent across all rental price indicators as no apparent shift in apartment mix was responsible for the increases.

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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