January 29, 2025
Matrix Multifamily Manhattan Report-January 2025
Manhattan’s Solid Performance
Manhattan’s average advertised asking rents were up 0.2 percent on a T3 basis through November, to $5,023, 40 basis points above the U.S. figure, while the YoY rate stood at 5.1 percent, among the highest in the nation. Occupancy for stabilized assets was also up, by 40 bps YoY, to 98.2 percent as of October.
Sign up to download
Recent reports
-
Matrix Multifamily National Report – September 2026
Multifamily performance mixed heading into final stretch
-
Matrix Single-Family Rental National Report – September 2026
Matrix Single Family Rental Report – September 2026
-
Matrix Industrial National Report – September 2026
Headwinds threaten post-supply boom equilibrium