Price Of Apartment Rent In Manhattan Drop At Rate Unseen In 4 Years
NEW YORK, NY - JANUARY 11: A view of an apartment building in the Chelsea neighborhood in Manhattan, January 11, 2018 in New York City. According to a real estate report released on Thursday, apartment rents in Manhattan fell the most in almost four years, falling around 2.7 percent from the median rent price a year ago. It was the biggest annual decline since February 2014. The median monthly rent in Manhattan now sits at $3295. (Photo by Drew Angerer/Getty Images)
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