The Manhattan residential rental market managed to weather the cold in February, according to a report released Tuesday.
Rents rose an average 8% last month, compared with the same time last year, and recorded small gains from January, adding 0.4%, according to the monthly Manhattan Rental Market Report by brokerage The Real Estate Group NY. Rents for studios in doorman buildings showed the sharpest increase from last year, rising 10.3%.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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