The median rental price in Manhattan hit a record high in February, according to a new report. The borough’s median rent soared to $4,500 in February, and rose 6.4 percent from last February, according to a Douglas Elliman report.

Winter in New York City often enjoys a cooler real estate market, but not this year. Renters in Manhattan were met with record-high rents in February, with a median rent of $4,500 — a 6.4% uptick from the same time last year.

Manhattan's median apartment rent surged 4% to $4,730, while Brooklyn's rent remained steady at $3,995. New data from Corcoran reveals a 16% decrease in Manhattan lease signings and a 9% drop in Brooklyn leasing activity.

Manhattan apartment rents soared to a record high in February amid intense competition, including bidding wars in a more than a quarter of all deals.