What is the turnover rate of rental apartments in New York City?

I’m looking for the most recent monthly or annual rate of turnover for rental apartment units in NYC. If you can find it by borough, that would be great too. Either the percentage or numerical value will work!

Thanks!

Ccan you still stay at the Plaza Hotel in New York for only one night?

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One Response to What is the turnover rate of rental apartments in New York City?

  1. Landlord says:

    I doubt any one agent knows this, as there is not one governing board.

    NYC is not like the rest of the country, NYC has a housing shortage. I doubt the turnover is more then 5%. This is just an educated guess though.

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