Rents for Manhattan apartments surged to a record high in November, as Zohran Mamdani won the mayoral election in large part due to
New leases were signed at a median of $4,750 in the month, up 13% from a year earlier and 3.3% from October, according to data from appraiser
In fact, all price metrics — the median, average and price per square foot — hit records in November, according to data going back to 2008.
Jonathan Miller, president of Miller Samuel, said the latest ...