Monday 16 November 2020

What Rent Drop? Listed Prices Aren’t Budging Where COVID-19 Hit Hardest

What Rent Drop? Listed Prices Aren’t Budging Where COVID-19 Hit Hardest

In some parts of the city, rents have dropped since the COVID-19 crisis began. But for neighborhoods that felt the effects of the coronavirus most, listed prices have risen slightly, according to a new analysis. The annual rental report by the apartment-listings site StreetEasy paints a very different price picture between the neighborhoods with the lowest coronavirus infection rates — primarily wealthier neighborhoods in Manhattan and Brooklyn — and the hardest-hit areas, mostly in Queens and The Bronx.
Read more: https://www.thecity.nyc/housing/2020/9/10/21430039/what-rent-drop-listed-prices-arent-budging-where-covid-19-hit-hardest?source=Snapzu

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