The median asking rent in New York City reached $3,700, the highest since September 2023, with Brooklyn seeing a 4.5% annual increase to $3,450, driven by limited inventory.
Greenpoint experienced a significant 47.4% year-over-year increase in rental listings, with a 4.1% rise in median asking rent to $4,350, attributed to the area's rezoning and influx of new housing units.
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