Manhattan ended the first quarter with solid growth across almost all fundamentals, as\u00a0per the latest Manhattan multifamily market report Average advertised asking rents were up 0.6% on a trailing three-month basis through March, to $5,116, well above the 0.1% national rate, as noted in the U.S. multifamily market report<\/strong><\/a>. Manhattan also surpassed both Queens (0.4%) and Brooklyn (0.5%). Year-over-year, rents in New York City were up 5.5% overall, ranking first among the top 30 metros tracked by Yardi Matrix. Slower supply growth boosted occupancy, which saw a 20-basis-point uptick, to 98.1% as of February.<\/p>\n