January 29, 2025
Matrix Multifamily Queens Report-January 2025
Queens Shows Resilience
Queens average advertised asking rents were up 0.7 percent on a T3 basis through November, significantly ahead of the U.S., and 5.9 percent YoY, among the highest nationwide. Supply growth remained solid, with 2,337 units delivered, just 600 short of 2023’s total.
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