“Rental listings in the Big Apple have risen 14.5% since August of last year…”
by Paul Bois
Bill De Blasio’s New York City has become such an inhospitable place due to the COVID-19 lockdowns and the ongoing civil unrest stemming from Black Lives Matter protests, that apartment vacancies in Manhattan have surged to record numbers.
According to Fox Business, the real estate and consulting firm Miller Samuel found that rental listings in the Big Apple have risen 14.5% since August of last year – to a record 15,025. Simultaneously, the vacancy rate has climbed a record 5.1%.