More Details on Those Manhattan Rent Drops

Our world was rocked assiduously by the Monday morning news that Manhattan rents have begun to not only drop but tumble in some cases. Above is a rundown on the dips by apartment type from The Real Estate Group New York. The ’07 average monthly rents don’t include Harlem, but still… ’tis a better time to be a tenant and a worse one to be a landlord.

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