New York Times

Moving Day was a tradition in New York City dating back to colonial times and lasting until after World War II. On February 1, sometimes known as “Rent Day”, landlords would give notice to their tenants what the new rent would be after the end of the quarter, the tenants would spend good-weather days in the early spring searching for new houses and the best deals and on the first of May all leases in the city expired simultaneously at 9:00 am, causing thousands of people to change their residences, all at the same time.