Yowza! In an email time-stamped 6:38 a.m., The Real Estate Group New York declared that Manhattan was now, for all intents and purposes, a tenant's market going forward.
"Landlords are feeling a lot of pressure this month," Daniel Baum, the firm's COO said in a statement. "I have heard everything from ‘anything for a lease’ to ‘just bring me bodies.’ Concessions have become standard and price drops are happening across the board." read more »