Jun 20, 20221 min readHUNTER'S POINT (LIC) LUXURY NEW DEV RENTALUpdated: Jun 8, 2023# TAGS New Development Hunter's Point Luxury New Development $4,811 Average Price 28.8% Average Price Change YoYMay 2022Snapshot Inventory Rent Average Price Average Price Change YoY Average PPSF Average PPSF Change YoY Price By Bedroom Inventory By Bedroom
# TAGS New Development Hunter's Point Luxury New Development $4,811 Average Price 28.8% Average Price Change YoYMay 2022Snapshot Inventory Rent Average Price Average Price Change YoY Average PPSF Average PPSF Change YoY Price By Bedroom Inventory By Bedroom
Downtown Brooklyn leads new rental development launches in the borough and has seen strong demand as it continues to be a hub for Brooklyn luxury high-rise living.
New rental properties in Upper Manhattan are experiencing strong demand and rising prices, partially driven by NYC renters seeking more value amid record-high citywide rents.
Manhattan new development condo contracts in Q2 saw lower pricing but stronger sales activity, indicating a degree of balance as the market continues to focus on value and adapt to interest rates.
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