clock menu more-arrow no yes mobile

Filed under:

Comment of the Day

New, 2 comments

"The year-over-year comparison does not really reflect the state of the market. Rents were still moving upward at year-end 2007 and into early 2008. To end the year flat already would reflect a significant drop, and as others have said they disguise the true level of the drop through concessions." [Year-End Rental Report: Sour Finale for Manhattan Landlords]