Manhattan Apartments Haven’t Been This Cheap to Rent Since 2013

Bloomberg, Oct. 8, 2020–Oshrat Carmiel
Apartment listings tripled from a year earlier to 15,923, the largest monthly inventory in records dating back to 2006, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. The vacancy rate set a new high for the fifth straight month, rising to 5.75%.