After a few years of economic chaos resulted in rent prices falling or holding steady, the average Manhattan rent in 2011 went up to $3,309 — just $1 less than the pre-recession record set in 2007. The $263 jump from 2010 is an 8.6 percent increase, with higher rents practically pointing and laughing at you from neighborhoods like Chelsea, the Upper West Side, and Midtown East, including an even steeper increase for homes with two or three bedrooms. Vacancies, on the other hand, are down to .96 percent from the previous year's rate of 1.16 percent, so stalking the old man with the rent-controlled place is almost definitely worth the time and effort.
Most Viewed Stories
Pop Culture Died in 2009: Gossiping With the Best Celeb Blogger on Tumblr
We'll Probably Never See Queen Elizabeth II Be This Sassy Ever Again
Jimmy Fallon and Paul Rudd's Recreation of a Styx Music Video Is So Good, It Might Transport You Back To 1981
What’s New on Netflix: May 2016
Behind Jamie and Claire’s Daybed Scene on Outlander
What You Missed At Obama’s Mic-Drop White House Correspondents' Dinner
Man Thinks Amy Schumer Owes Him Photos if He Demands Them
Why the Ghostbusters Trailer Is the Most-Hated Movie Trailer on YouTube
That Time Bill de Blasio and Hillary Clinton Made a ‘Colored People Time’ Joke
Watch President Obama's Wonderful Correspondents’ Dinner Speech
Latest News from Daily IntelligencerWhat You Missed At Obama’s Mic-Drop White House Correspondents' Dinner
Jokes about the GOP, Trump, racism, and how old Bernie Sanders is, plus Don Lemon flipping the bird and a literal mic drop from the president of the United States.Michael Bloomberg Tells College Graduates to Go Defeat Demagogues Like Trump and Sanders
Those who won't run, teach.Kenya Lights the Largest Ivory Bonfire in History
They torched more than 100 tons of confiscated ivory and rhino horns in an attempt to discourage poaching.Protesters Breach Green Zone and Storm Parliament in Baghdad
The political unrest in Iraq appears to be intensifying.Protesters Clash With Police, Block Trump’s Motorcade Outside California GOP Convention
Demonstrators reportedly delayed the GOP front-runner.These Pigeons Are Lighting Up the Brooklyn Night Sky
It’s a project called “Fly by Night,” which sends 2,000 extremely well-trained pigeons into the night sky.United States Confirms Its First Zika Death
The victim was an elderly man in Puerto Rico.An English Soccer Team Is on the Verge of One of the Most Improbable Championships Ever
The odds of Leicester City winning the English Premier League were 5,000-to-1.In the Shallow End of the (High-Risk) Pool
Paul Ryan hauls out a bad old idea to toss sick people into their own little health-insurance ghetto.‘What’s Delegate Allocation vs. Delegate Selection?’: A GOP Nomination-Process Guru Answers All
The road through Cleveland often seems insanely complicated. But if anybody knows the answers to the key questions, it's the University of Georgia's Josh Putnam.
The FBI is notifying everyone named.NYPD Officer Who Stomped on Man’s Head Found Guilty of Assault
Joel Edouard faces up to a year in prison.Marco Rubio Goes From #NeverTrump to Ready for Trump
How shocking to see Rubio abandon the principles he had expounded with such conviction!1,000-Foot Skyscrapers Are the Newest Status Symbol for NYC Boroughs
Within a week, Brooklyn and Queens both announce plans for their own.David Brooks Vows to Study America’s Suffering Masses
Will he move to a high-unemployment coal-mining town in West Virginia? A meth-ravaged exurb in the Inland Empire?North Korea Sentences Another American to Hard Labor
Kim Dong Chul was arrested for "spying" late last year.
"We're not using Las Vegas as a bargaining chip," he said. "This is real."The Bernie Camp’s Really Bad Idea of a ‘Tea Party of the Left’
The notion that there's some bipartisan supermajority out there waiting to be mobilized to enact Bernie Sanders's agenda is, in a word, delusional.Things Got a Little Out of Hand at Last Night’s Anti-Trump Protest
Orange County demonstrators clashed with Trump supporters and damaged police vehicles.Amal Clooney Offers a Fascinating Scenario for Donald Trump Losing the Presidential Election
Defeat can send strong messages.