NEW YORK CITY-As the end of summer season is coming closer,rental prices in Manhattan continue to grow higher. As of August15, rental prices have gone up 4.6%, reveals Manhattan RentalReport of Real Estate Group NY.


Since February, rental prices have been increasing gradually.Prices of two-bedroom apartments without doormen rose 8.7% to$5,930 in TriBeCa. Average prices of doormen studios have climbed5.48% in Harlem, 7.54% in Chelsea and 7.43% in the East Village.For the full story, go to Wall Street Journal.

GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.