Westchester luxury multifamily rental markets continue to thrive as inventory declined and prices increased both Q/Q and Y/Y. The positive trends have been partially driven by exciting new development
Prices continue to rise in Downtown Jersey City, supported in part by limited new development launches over the past two years. With few properties expected in the near term as well, current market
Among Downtown Brooklyn new dev rentals, studios and 2BRs comprised just a quarter of inventory but led average price gains year over year during 1Q25.
