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New York Real Estate Slump Deepens Amid Rent Control Cloud
In New York City the real estate market sinks to rock bottom with vast vacancies and falling prices. Lawyers and executives blame overbuilt office space and lingering rent controls while investors eye distressed sales in midtown and Manhattan lofts.
MENTIONED IN THIS ARTICLE
New York
Peter Arnett
New York City
Jack Weprin
Sar Udo
Agen
D. Kenneth Patton
Real Estate Board of New York, Inc
Patton
Aaron Ziegelman
Manhattan
Washington Heights
Atlanta
Los Angeles
Chicago
Washington
Houston
Soho
Lower East Side
Weprin