2021 Elliman Report for Manhattan, Brooklyn and Queens Rentals

September 10, 2021

New lease signings in Manhattan rose to their highest level for an August since at least 2008. Listing inventory continued to fall precipitously, down by more than half since January, and net effective median rent fell annually by its lowest rate in fifteen months.

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Benjamin Dixon

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(646) 645-8154

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Matthew Mackay

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(646) 221-3072

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111 Fifth Ave., New York, NY 10003 138 Main St., Sag Harbor, NY 11963

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