Average rent in Manhattan down as available rentals reach historic lows: study

NEW YORK (PIX11) – Rent in Manhattan is decreasing, but the availability of rentals has reached an all-time low, according to a study from StreetEasy. Rental vacancies are at 1.4%, the lowest since 1968, the study said. The Manhattan neighborhoods seeing the biggest rent drop are Battery Park City by nearly 13%, Greenwich Village by [...]