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Queens’ Balancing ActThe borough’s advertised asking rents rose 1.1 percent on a T3 basis through July to $3,075, well above the nation’s growth rate. Coupled with a tight 98.8 percent occupancy rate as of June, it paints a picture of stability for Queens.
The borough’s advertised asking rents rose 1.1 percent on a T3 basis through July to $3,075, well above the nation’s growth rate. Coupled with a tight 98.8 percent occupancy rate as of June, it paints a picture of stability for Queens.
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