Comparison data is vs. same period prior year. Bar chart data represents either Full Year Median or point-in-time Median Data for the current year.
Midtown Manhattan, or Midtown, represents the central lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city's most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations, and it contains world-renowned commercial zones such as Rockefeller Center, Broadway, and Times Square. Along Manhattan's north-south long axis, Midtown Manhattan separates Lower Manhattan from Upper Manhattan.
Midtown Manhattan is the largest central business district in the world and ranks among the most expensive and intensely used pieces of real estate in the world, and Fifth Avenue in Midtown Manhattan commands the world's highest retail rents, at US$3,000 per square foot in 2017. While Lower Manhattan is the main financial center, Midtown is the country's largest commercial, entertainment, and media center; Midtown Manhattan is also a growing financial center, second in importance in the United States only to Lower Manhattan's Financial District.
The majority of New York City's skyscrapers, including its tallest hotels and apartment towers, lie within Midtown. The area hosts commuters and residents working in its offices, hotels, and retail establishments; many tourists, visiting residents, and students populate the district. Times Square, iconic as the world's "heart" and its "Crossroads", is the brightly illuminated hub of the Broadway Theater District, one of the world's busiest pedestrian intersections, and a major center of the world's entertainment industry. The Avenue of the Americas holds the headquarters of three of the four major U.S. television networks.
There is a highly varied inventory of both affordable and luxury apartments in Midtown East NYC. While a rental apartment in Midtown East will go for as little as $1,800 per month, high-end penthouse and luxury apartments in Midtown East can reach a staggering $250k/month. Similarly, affordable Midtown East apartment listings start under $200k, while lavish Midtown East luxury apartments can sell for up to $40 Million and even $75 Million USD.
The New York City Department of Education is the department of the government of New York City that manages the city's public school system. The City School District of the City of New York (the New York City public schools) is the largest school system in the United States, with over 1.1 million students taught in more than 1,800 separate schools. The department covers all five boroughs of New York City, and has an annual budget of nearly 25 billion dollars. The department is run by the Panel for Educational Policy and New York City Schools Chancellor. The current chancellor is Carmen Fariña.