Summer is typically seen as "rent season" in New York, and that shows in recent prices: According to a recent report from appraiser Jonathan Miller, Manhattan's median rent is at a new high for the third month in a row at $4,395/month. New York renters have long looked to the outer boroughs to save money, but that may not be the case this time. The report found that Brooklyn's median rent is the highest on record at $3,550/month, and western Queens' median rent is the second-highest ever at $3,402/month.
Moreover, fears of inflation and a financial crisis are still looming over New York renters. The report also found that luxury tenants have extended their lease terms by the longest stretch since the beginning of 2022, indicating an eagerness to lock in their rent rates lest prices rise.
Meanwhile, from May 31 - June 6, 2023, a total of 212 rental listings experienced price reductions, while 263 listings' prices went up. A selection of notable discounts may be found below.
Moreover, fears of inflation and a financial crisis are still looming over New York renters. The report also found that luxury tenants have extended their lease terms by the longest stretch since the beginning of 2022, indicating an eagerness to lock in their rent rates lest prices rise.
Meanwhile, from May 31 - June 6, 2023, a total of 212 rental listings experienced price reductions, while 263 listings' prices went up. A selection of notable discounts may be found below.
In this article:
From the Listing: Fully furnished Soho loft is available for 1 month among June/July/August for a short-term rental. The harmonious open living space with high 11.5-foot ceilings retains the loft’s natural light and airy feel, while bold blocks of contrasting color and wall cutouts complement a collection of Mid-Century furniture and art. The open layout living/dining area features a contemporary sofa, glass coffee table, a beautiful custom-made walnut dining table, and other eclectic Mid-Century furnishings. The primary bedroom features a heavenly Tempurpedic mattress. The entire space features a variety of contemporary art pieces. The living room features a Smart TV equipped with Amazon and Netflix memberships provided.
See floor plan and full details here.
From the Listing: This unit has an open kitchen with quartz counter tops along with all of our newest renovations; hardwood plank floors and rehabbed bathroom with lovely subway tiles. Apartment has great closet space. Just steps from the Brookfield Mall, Oculus, Esplanade by the Hudson River, Freedom Tower, Financial District and so much more! See floor plan and full details here.
From the Listing: Entering a gracious foyer, on the west side of this unit, floor-to-ceiling windowed large corner living room steps out onto the open terrace, looking over all the way to Hudson River. An open chef’s kitchen, lacquer finish cabinets and luscious granite counter-tops blending in with modern and sophistication. On the south side, hallway leads to side-by-side south-facing two bedrooms with both bathrooms en-suite. On the north side, the primary bedroom suite is prepared with two walk-in closets as well as a ceiling to floor built in wardrobe; the fourth bedroom could be your office or a guest room. See floor plan and full details here.
From the Listing: This stunning apartment is a true gem that combines the comforts of modern living with an unrivaled location and breathtaking views of the reservoir in Central Park. The two bedrooms are generously sized, and each provide a view of central park as well as each room having a built-in desk for those who work from home. The two bathrooms have been beautifully designed, featuring modern fixtures and luxurious finishes. Situated in the highly sought-after Carnegie Hill neighborhood, this exceptional building is merely a block away from the renowned Museum Mile on Fifth Avenue. See floor plan and full details here.
From the Listing: Located in a charming walk-up in the heart of the Lower East Side, this two-bedroom apartment features oversized windows, southern exposure, high ceilings, hardwood floors, windowed kitchen with a dishwasher, and in-unit washer/dryer. The building is pet-friendly, and a pet spa is coming soon. See floor plan and full details here.
From the Listing: This bespoke home offers virtual doorman service. Key locked elevator opens directly into the vast space that boasts 40’ by 65’ great room, 11-foot ceilings, dramatic cast iron columns, original 100+ year old oak floors from the Civil War era and original architectural detailing (including stunning 9 foot tall doors that seem to float without hinges and give a sense of grandeur to the ceiling heights). A superb Bulthaup kitchen showcases professional appliances including a 6-burner Wolf range, a large Sub-Zero refrigerator, wine cooler, two Bosch dishwashers, a 13-foot island and a pantry. A custom wood burning fireplace and your own laundry room with stainless digital LG washer and dryer complete the picture. Loft has been featured on Gossip Girl, Rachel Ray, Law & Order, Bobbly Flay TV Commercial, MTV, Vogue, a 2010 Rihanna music video, Cosmo, and various design magazines. See floor plan and full details here.
From the Listing: Apartment 4C is a 1120-square-foot, excellent condition apartment. This gorgeous home features floor to ceiling casement windows with southern exposure. Plenty of sunlight with treetop view. High ceilings and 6" wide wired-brushed white oak floors. A walk-in closet in the bedroom.
The open kitchen is equipped with warm oak cabinetry with leather handles and Calcutta Gold backsplash. Top-of-the-line appliances include Bertazzoni range, Bosch dishwasher and Sub-Zero refrigerator. There is an in-unit washer and dryer. See floor plan and full details here.
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From the Listing: Making a definitive mark on the burgeoning Brooklyn skyline, The Willoughby sets a new standard of living offering studio - 2 bedroom rental residences in an ideal location that epitomizes both convenience and character. The building's floor-to-ceiling glass windows give the structure its sleek and striking appearance while optimizing breathtaking views in every direction. See floor plan and full details here.
From the Listing: Live in style in this sophisticated oversized convertible 3-bedroom, 3-bath double corner residence with beautiful open southern views. Stunning interiors feature high ceilings, gorgeous solid oak wood floors, side-by-side washer/dryers, and city-quiet low-energy glass windows. The kitchen is outfitted with professional quality appliances, quartz countertops and and a beautiful marble backsplash. See floor plan and full details here.
From the Listing: Spacious Carnegie Hill prewar co-op between Park and Lexington Avenues close to Central Park! A large and inviting living room is contiguous to the gracious formal dining room. The eat-in kitchen boasts a Viking stove, Blomberg refrigerator, and Bosch dishwasher. Additional apartment details include 7 closets, high ceilings, moldings and hardwood floors. Apartment is being rented furnished for one year. No pets. See floor plan and full details here.
From the Listing: Lobby-level one-bedroom with open western exposures, all-new kitchen and bath with custom cabinetry and stainless appliances, queen-size bed, tons of storage space, and dining and home office areas in the living room. Comes fully furnished including bedding and kitchenware. See floor plan and full details here.
From the Listing: Steps from Central Park, this spectacular four-bedroom apartment features 11-foot ceilings, herringbone flooring, central air conditioning, and washer/dryer. Features 24-hour concierge service, a health club and gym, a children’s playroom and a ground-floor room that residents can use to store bicycles and strollers. See floor plan and full details here.
From the Listing: This unique carriage house is in the heart of Boerum Hill on a pretty tree lined street. As you enter your own private yard with mature trees this quiet and great space is a retreat for entertaining, relaxing with a glass of wine or a BBQ. The main floor has a renovated large windowed kitchen overlooking your private yard, stainless appliances with dishwasher and microwave. An open concept main floor with living/dining area with exposed brick and a decorative fireplace. There is also a full bath on this level. Downstairs is used as a recreation room, and a laundry closet with large washer/dryer is also on this level. The top floor has three bedrooms and another full bath. See floor plan and full details here.
From the Listing: Stretching over 2,100 square feet, the owner has completely reconfigured the space and brought back the original charm to this NoMad loft. A private key-locked elevator brings you directly into the home where you are immediately greeted by the expansive great room. With over 31 feet in length in the living room alone, you can seamlessly host and entertain. This bespoke home highlights the loft’s original features including tall ceilings, and exposed brick, married with new seven-inch wide white oak plank floors. The custom chef’s kitchen is adorned with carefully selected materials such as a Calacatta Gold marble countertop and Thassos marble backsplash paired with custom WaterWorks fixtures. See floor plan and full details here.
From the Listing: Apartment 11 is a full-floor 2-bedroom residence with a home office and private key-locked elevator access. The kitchen features wood cabinets, quartz countertops and state-of-the-art appliances including GE refrigerators, Viking oven, stove, microwave, Bosch dishwasher, and in-unit washer/dryer. See floor plan and full details here.
From the Listing: This contemporary 2-bedroom/2-bathroom fourth-floor through loft in Tribeca is the perfect picture of chic downtown living with its soaring 12-foot ceilings, oversized windows, beautiful wide Ipe Brazilian hardwood floors and spacious open layout with 1,562 square feet of living space. A private and keyed elevator opens directly into the 37-foot-long living room designed for great entertainment and luxurious life style. The award winning kitchen boasts top-of-the-line Poliform cabinets and a 40 wide Sub-Zero refrigerator, Miele dishwasher and Miele range. The primary bedroom features a very large walk-in closet/dressing area adjoining the Italian marble primary bathroom. See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?