Tag: nyc-housing-permits-2024

NYC rent up 18% since COVID-19, with 5.6% rise in Q1 2025 alone: report

rent

Apr. 23, 2025 By Ethan Marshall The median asking rent for apartments in New York City went up 5.6% year-over-year in the first quarter of 2025, from $3,218 last year to $3,397 this year, according to a report by the real estate site Realtor.com. This increase among rental properties listed on Realtor.com continues the…

NYC sees record-breaking 33,974 new homes completed in 2024, highest since 1965: DCP

new homes

Mar. 12, 2025 By Ethan Marshall Approximately 33,974 new homes were built in new buildings across New York City in 2024, according to the New York City Department of City Planning’s (DHS) Housing Database. This number, announced by DHS Director Dan Garodnick, marked the highest amount of completed units in a single year in…