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Manhattan Makes StridesFollowing a tough pandemic period, Manhattan’s multifamily market is enjoying a strong run, outperforming national rent growth by 10 basis points. Investment was the standout metric for the borough during the first half of 2022, with $3 billion in sales recorded, $500 million more than the previous 24-month total.
Following a tough pandemic period, Manhattan’s multifamily market is enjoying a strong run, outperforming national rent growth by 10 basis points. Investment was the standout metric for the borough during the first half of 2022, with $3 billion in sales recorded, $500 million more than the previous 24-month total.
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