Manhattan Rent Tops Previous Month’s All-time High

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Photo: Chris Gramly/iStock

Suckers living in Manhattan paid an average of $3,438 in rent for May, the highest ever, beating the preceding month's obscene record, which passed the once unforeseen high from the month prior. See the pattern? It's likely to continue through summer, Crain's reports, citing Citi Habitats, adding that the vacancy rate on the island where Veuve Clicquot rains from the sky is south of one percent for the first time this year. Buying it is! Luckily there are 33 places available for $30 million or more in Manhattan at the moment. Or, you know, there's Jersey City.