Manhattan median rent soars to ‘all-time high’ of $5,000 — experts warn it will only get worse

The median rent cost of Manhattan apartments has shot to an “all-time high” of $5,000  – and experts warned that Mamdani’s vows to “freeze the rent” will only make matters worse....

The median rent cost of Manhattan apartments has shot to an “all-time high” of $5,000  – and experts warned that Mamdani’s vows to “freeze the rent” will only make matters worse.