Rents jumped up around 23% last year in New York City.
While the rate of rent increases is slowing now nationally, that is not the case in New York City.Big rent hikes across the United States are slowing down but that is not the case in New York City.
While the median rent around the country went up about 14% last year, it rose 23% in New York City according to a survey byThe news was similar in Nassau County on Long Island and Newark in New Jersey where rents also went up 23% in the past year.
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