A Tale of Four Neighborhoods: Gauging Manhattan's Apartment Market from Peak to Valley

In the psychological pantheon of renters, the Financial District might as well seem the New Harlem. It's quickly becoming the strapped Manhattanite's least expensive option before moving to Brooklyn.

To understand just how far rents have--and have not--fallen throughout Manhattan since the boom busted, we plucked four neighborhoods emblematic of the headier days and charted their average rents on different-sized apartments from the peak of the boom in September 2007 to what's likely the trough...

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