Congrats NYC...
New York just surpassed San Francisco as the most expensive rental market in the U.S.
https://www.cnbc.com/2021/08/24/new-york-surpasses-san-francisco-as-most-expensive-rental-market.html
New York City is now the most expensive rental market in the nation, finally surpassing San Francisco.
The median rent for a one-bedroom apartment in New York City is now $2,810, and in San Francisco it is $2,800.
Since January, New York rents have jumped nearly 20%, but San Francisco rent is up by only about 5%.