The November rental report is in, and no new surprises here—Manhattan rents fell slightly, while Brooklyn rents continued to climb.

There’s something about 57th Street that has turned it into the most popular destination for new development. From the supertall luxury condo buildings along the south of Central Park to the massive 606 West 57th Street, everyone wants a piece of 57th Street. Joining in on the fray is 625 West 57th Street, which will bring over 700 new rental apartments to Hell’s Kitchen.

Anyone who lives or has attempted to live in New York City is quite familiar with the funds it takes to reside in even the smallest studio apartment. According to REIS, the average asking rent has soared to $3,000 for the very first time. For the extravagant lifestyles of some New Yorkers, however, this is chump change. Luxurious tastes call for luxurious homes with rents to match, and these are a few of the most expensive rentals on the market right now.

For the second straight month, the median rental price of a Manhattan apartment declined from the same month last year, according to the October rental report by Elliman. The median rent in Manhattan for October was $3,150, a 1.6 percent drop from October 2012’s $3,200. Prior to September, Manhattan had seen 26 consecutive months of increased rents when compared to the same month from the previous year.

On Wednesday November 6th, the City Planning Commission approved two residential construction projects along the Greenpoint waterfront in Brooklyn. The unanimous decision was made in spite of some voiced community indignation.