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Seeing Into the Future

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We don't know what kind of omen this is, exactly, but for the first time since the early 1990s, Prudential Douglas Elliman is opening a new office specifically for rentals. The company is hiring 50 to 75 new agents who will specialize in rentals and has leased 15,000 square feet of space to house the rental operation and 205 East 42nd Street between Second and Third avenues. It's supposed to be up and running in 90 days. There will also be a new rentals website and a rentals report from....Jonathan Miller. [TRD]