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On the (Summer) Rental Market

What 127 East 78th Street does for the summer: tries and fails to market itself as a rental. The 4,000-square-foot townhouse is now asking $50,000 in rent for this July and August, a RentUpper despite two previous failed attempts asking $20K/month and $24.5K/month. The latest broker team is hoping to catch a European renter's eye with the house's steam shower and garden. It's just like the Hamptons! [Real Deal]