New York has long been one of the most expensive places in the country to rent, and now, New Yorkers have paid more than ever to sign a lease this summer, while the cost of buying a home remained far out of reach. https://bit.ly/4zvzljn
bit.lyYou now need $215,000 a year to afford the typical Manhattan apartment as NYC rents hit a record $3,785 a month—and buying costs $7,000 more | FortuneRents for studios through two-bedrooms jumped 7.1% in a year, far outpacing New York wages, which rose only 4.2%.
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