Manhattan rents finally went down
The median rental price in New York City's most expensive borough dropped 2.8% to $3,300 in March from the same time a year ago. This is the first annual decline in 24 months, according to the latest report by real estate appraisal firm Miller Samuel for Douglas Elliman Real Estate.
Inside New York’s $500,000 a month rental
It's no secret that Manhattan rents are expensive. But the most expensive rental in the city will set you back a whopping $500,000 a month.