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Reports And Guides

December - 2018 Manhattan, Brooklyn and Queens Rentals

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Report Summary

The Manhattan rental market saw fewer new leases, more concessions, and aggregate prices skewed upward by higher quality rental housing stock.

The Brooklyn rental market continued its trend of rising rents skewed higher by the influx of higher quality new development rentals. The market share of two-bedroom and three-bedrooms rentals rose skewing overall price trends higher.

While the Amazon “HQ2” announcement has led to speculation that the Northwest Queens market will tighten soon if not already, it has not. Concessions by landlords continued to rise.

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