Manhattan apartment rents hit record median monthly high of $4,175 in March
Manhattan apartment rental prices hit an all-time high in March, with the median monthly rent reaching a staggering $4,175, according to a market report by real estate brokerage Douglas Elliman and appraiser Miller Samuel. This represented an increase of 12.8% from the previous year, and broke the previous record of $4,150 set in July 2021….