US EditionMillionaire renters surge in NYC as high earners opt for luxury leases: report – QNS
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Millionaire renters surge in NYC as high earners opt for luxury leases: report – QNS
Jul. 3, 2025 By Ethan Marshall The New York metro area experienced a drastic surge in millionaires renting property there from 2019 to 2023, according to a report by the real estate listing site Rent Cafe. Over this period of time, the number of households in the area rented by those earning at least $1 million a year in income more than doubled, rising 157%, from 2,204 in 2019 to 5,661 in 2023. This number blows all the other cities in the Unit…
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