Nov 3, 20201 min read

NEWARK LUXURY RENTAL MARKET

Newark luxury rental market metrics remained strong through 3Q22 and are expected to further strengthen in the coming years as new development transforms the city.

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Hudson Yards stands out in New York City with its high concentration of new developments, and pricing remains strong among Manhattan neighborhoods as the holiday season kicked off in November.

New rental development continues to expand the skyline of the Greenpoint waterfront, with top properties offering open views of Manhattan and achieving among the highest prices in Brooklyn.

Journal Square continues its emergence as a sought-after neighborhood with each new luxury development enhancing the area, making it an attractive destination for renters seeking new apartments.