Nearly 14 percent of NYC millennials getting parental help in paying rent

According to this week’s market reports, 13.6 percent of New York City millennials get parental assistance in paying rent and Manhattan rental rates rose by just 0.5 percent in February. Residential Rentals | Town Residential The median rent in Manhattan stayed flat in February, inching up by just 0.5 percent on a month-over-month basis to $3,418. The modest increase stayed consistent for apartment types. Studios (1.1 percent increase to $2,600), one-bedrooms (0.4 percent increase to […]

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