Manhattan Rents Surge To Historic High As Mamdani’s Rent Freeze Looms

Manhattan rents climbed to another record in July, with the average apartment costing $6,655 per month as New Yorkers continue to grapple with some of the highest housing costs in the United States. The average monthly rent jumped roughly 10% from a year earlier, according to a new market report. Gary Malin, the chief operating ...