At an industry panel today, building owners talked about the growing problem of tenants not paying their rent, which certainly sounds like a problem for people in the business of, you know, collecting rent. According to one analyst, the number of delinquent NYC renters may have quadrupled in the past year. The landlords also see more rent declines in the near term and "do not expect increases until late 2010 or 2011." [Real Deal]
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