COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

Over the past two decades, the New York City metro rental market hasn’t just grown — it has aged. Beneath the headline narratives about rent growth and post-pandemic volatility, a quieter structural shift has been unfolding: nearly all net growth in rental households has come from renters over the age of 35, while the number of under-35 renters has barely changed.

The average household pays $220 monthly to heat and power their homes. However, utility costs vary widely by property type.

Across the top 10 US cities by population, a growing share of commuters are utilizing private vehicles as their mode of transportation.

In this installment, we explore redlining's impact on racial disparities observed in housing and environmental quality in the US.