Landlords manipulate rental market, prop up fake high rates with freebies

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BPC from Pier 25February 11, 2016- A local source reports, “Last month’s rental market in Manhattan was one of the “softest” Januarys in recent memory, many brokers said.

As more inventory flooded the market, especially at the high end, brokers saw landlords offering more concessions than usual. In addition, they observed more price dips and more vacancies than had been seen in previous winters.”

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