NYC's loss of renters, record signed leases in November, & more

By Austin Havens-Bowen | December 18, 2020 - 4:00PM

This week, readers visited Brick Underground to learn how NYC's loss of renters compares to other major U.S. cities. According to a recent RentCafé report, NYC places third, behind Detroit and Oklahoma City, with 25 percent more renters who moved away in 2020 compared to 2019.

Also of interest: Brooklyn and Manhattan saw a spike in new leases signed in November for the second month in a row. But, it took landlords offering steep rent drops and significant concessions to pull renters back to the city after months of declines, according to the most recent Elliman report.

Here, in full, are this week's most popular posts.

1) Holiday Tipping Guide: How much to tip your doorman, super, porter, and other staff

2) With a new supermajority, Democrats eye more progressive real estate protections for renters

3) How NYC's loss of renters, average rent drop compares to other big U.S. cities

4) Low rents and greater concessions from NYC landlords spur record November lease signings

5) Want to put a fireplace in your NYC apartment? Here's what you can do

Austin Havens-Bowen

Writer

Austin Havens-Bowen is a writer and reporter. He previously covered local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

SEE MORE BY Austin Havens-Bowen »

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.