NYC rents now most expensive in the US: report

New York City rents have overtaken San Francisco as the most expensive in the US, a sign the Big Apple is outpacing the West Coast tech hub’s financial recovery. The median one-bedroom rental in the boroughs is now $2,810, compared to a midway price point of $2,800 in the Golden City, according to a new study by online rental platform Zumper.-- More...