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Signs Of A Rebound? Renters Are Coming Back

Signs Of A Rebound? Renters Are Coming Back

After months of record vacancies, the rental market in New York City is beginning to show signs of a rebound, though discounts still abound. In Manhattan, more leases were signed last month than during any December in over a decade, boosting the median rental price by 1.3% compared to November. Vacancies, in turn, have dropped from a record high of 6.14% in November to 5.52%. The findings, published...

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