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المشهد العربي
Apartment rent highs in Manhattan and Brooklyn
Rental prices in Manhattan and Brooklyn increased in July, with the average rent in Manhattan reaching approximately $5,000—a 6.4% increase compared to the previous year—amid a more than 39% decline in available listings. This was accompanied by a 31% year-over-year rise in luxury apartment rents, reaching $13,750. Meanwhile, Brooklyn saw a record average rent of $4,500, with available units decreasing by 27%.
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