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Outlook Is Rosy for New York’s Apartment Market, Polls Find

Some Expect Rents, Demand To Increase This Year

Poll respondents said they believe 2024 will mark the end of a slow-moving cooldown underway in New York's apartment market. (CoStar)
Poll respondents said they believe 2024 will mark the end of a slow-moving cooldown underway in New York's apartment market. (CoStar)

While the vacancy rate in New York, at 2.5%, easily remains the lowest among all major U.S. cities, signs of a cooldown exist.

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