As landlords choke, Manhattan renters can cheer

Rents are falling, according to one brokerages latest report.

Rents are falling, according to one brokerage's latest report.

The numbers above speak for themselves with regard to the current rental situation.  As shown, the greatest change in the last 12 months has been in doorman one-bedroom units, for which rents tumbled 10.34% on average.

The statistics were compiled by the Real Estate Group, which commented: Continue reading