Thursday, January 12, 2012
Today, the Post takes a look at the latest real-estate industry reports ... and finds that rentals are getting — no shit! — more expensive. Manhattan rentals increased 8.6 percent last year. The average Manhattan apartment rent is now $3,309 a month.
The East Village is below that rate, with a downright cheap average of $3,027 a month. The above chart breaks it down by apartment size... Meanwhile, according to the report, the average vacancy rate in Manhattan was just 0.96 percent.