NYC Median Rent Hits Record $3,785 as Manhattan Jumps 8.3%
New York City's median asking rent reached a record $3,785 in the third quarter, up 4.5% year over year and 27.5% above pre-pandemic levels. Manhattan rose 8.3% to $5,375, Brooklyn 4.9% to $4,197, Queens 3.9% to $3,774 and the Bronx 2.7% to $3,233, while studios to two-bedrooms rose 7.1%. Climbing small-unit rents…