After climbing in 2025 amid a surge of new completions, New York City’s apartment vacancy rate is expected to reverse course in 2026.
Supply slowdown to tighten New York apartment market in 2026
A cooling construction pipeline is set to reduce competitive pressure, allowing high-quality buildings to absorb units faster after a vacancy run-up in 2025
CoStar Analytics
February 25, 2026 | 5:41 P.M.
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