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Family Office Briefing on research byLee & Associates·Jul 18, 2023

2023 Q2 New York City - Multifamily

New York City multifamily vacancy increased to 2.5% in Q2 2023 — family offices should consider co-GP opportunities amid strong demand.

MultifamilyNew York2023

Key Metrics

MetricValue
Vacancy Rate2.5%
Asking Rent3051$
Under Construction Units66329units

Metrics extracted from the source report and independently fact-checked. Method →

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