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Reports And Guides

April - 2017 Manhattan, Brooklyn and Queens Rentals

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Report Summary

The use of landlord concessions in Manhattan more than doubled from the prior year to second highest on record.  There was a clear pattern of more price growth in the entry market.


In Brooklyn, studio prices continued to rise, but overall face rent trends showed stability.  The use of landlord concessions more than doubled from year-ago levels.


Over in northwest Queens, there was a surge in market share of new development rentals that skewed overall prices higher across all apartment sizes. Landlord concessions were the largest of the three boroughs.

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