Mark D. Levine 23 days ago
NEW: Monthly data are out on rents in NYC
Avg for market rate units, as of Jan 31 (w/ increase over past year)
Manhattan: $5,711 (+11.3%)—All-time high
Brooklyn: $4,264 (+7.5%)
NW Queens: $3,997 (+10.6%)—All-time high
We urgently need to build vastly more housing, especially affordable housing.