DossierENTITY

2025 FARE Act

Coverage of 2025 FARE Act in the Nexus archive.

Earliest in view: Aug 13 · 09:00 UTCMost recent: Aug 13 · 09:00 UTC

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Recent coverage

BUSINESSAug 13 · 09:00 UTCTHE CITY NYC
Wait, How Much? Manhattan and Brooklyn Rents Hit Record Highs
Rents in Manhattan and Brooklyn hit record highs in July, with median rents reaching $5,000 for Manhattan and $4,500 for Brooklyn. These increases are attributed partly to rising mortgage rates and a diminishing supply of available units potentially influenced by the 2025 FARE Act. Both areas also experienced significant declines in new lease signings.