Finally, Apartments in Manhattan begin their descent towards Real Value

Ah me, where have all the Euros gone…

“Other landlords are rehabbing common spaces, agreeing to short-term leases, and freezing or reducing rents. One Yorkville resident called her management company, posing as a prospective tenant, and found that apartments like hers were being offered for $250 less than she was paying. She plans to demand the same rate when her lease is up.”–New Renters Paying Less

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