Manhattan and Brooklyn’s Red Hot Rental Markets Are Cooling Down

Wed, Feb 13, 2013

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Rents in January cooled in both boroughs, according to two real estate reports out yesterday. The average price of a Manhattan rental apartment was $3,211, $23 less than in December, marking the fifth consecutive month of declines, according to a report from Citi Habitats.

Read more at NY Daily News.

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