The New York market continues to make a phenomenal recovery post-pandemic. As travel restrictions ease, international demand for prime property is on the rise.

Insight highlights:

  • Manhattan properties saw 1,203 signed contracts in October 2021, 43% more than the same month in 2020
  • Prime prices are expected to reach 5% in 2022, which will represent Manhattan’s highest rate of growth in seven years.
  • Manhattan prime rents and new lease signings area are accelerating rapidly.
  • We continue to see the greatest demand for new development product.

Download the New York Market Insight Q4 2021 report to read more.

[Insights] Your Q4 New York Update
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