Manhattan, Brooklyn Rents Hit Records at $5,295 and $4,350 as Mamdani Faces Housing Criticism
NYC Mayor Mamdani Criticized as Manhattan, Brooklyn Rents Hit Record Highshallmarkabsservice.substack.com11h ago NYC Record $5,295 Rent, While Drugs and Crime Rule the SidewalksYes, NYC rents did hit new records in 2026. Manhattan's median hit $5,125 in May and $5,295 for luxury doorman units in January, while Brooklyn hit $4,347 in May and $4,296 inThe rents have reached an all time high. Again… Shocker! 🤦♂️ We do this post at least once a year but it's getting truly insane 😳 @apartmentsnycMayor Mamdani promised to stop clearing homeless encampments. Now a sprawling camp stretches 12 blocks along Manhattan's West Side. Reports describe theft, open drug sales, and prostitution. Under Eric Adams, City Hall