Apartment rents drop, vacancies climb in Manhattan

03/13/2014 | Bloomberg

Manhattan's median monthly apartment rent fell 2.8% last month, compared to February 2013, to reach $3,100, according to Miller Samuel and Douglas Elliman Real Estate. That was the sixth straight decline and was accompanied by a rise in the vacancy rate to 1.87%, from 1.69%.

View Full Article in:

Bloomberg

Published in Brief: