The rock-bottom rental costs New Yorkers enjoyed during Covid are a thing of the past - with prices recovering to reach near record highs.Realtors claim unprecedented demand, , is to blame for the hikes. The median monthly rent in Manhattan was nearly $4,100 per month in January, compared to a low of around $2,900 during the pandemic and about $3,500 just before.But data has emerged that suggests there may not have been an influx at all - and landlords are accused of fabricating demand so they can charge more rent.
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