So, there are plenty of people who want to live in apartments and work in New York City.
A metropolitan area in oft-reported decline due to housing costs, crime and the work-from-home phenomenon since the pandemic, the Big Apple has recovered its jobs lost and over the past five years, and demand has exceeded new supply (51,242 units to 46,682 units), according to an analysis by RealPage.
Its population has fallen recently, sliding 1% from 2021 to 2022, according to the latest data from the US Census Bureau.
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