The market for residential rentals in Manhattan is robust, the inaugural monthly rental report from Prudential Douglas Elliman reveals. The average number of days a Manhattan apartment spends on the market year-to-date — 39 per listing — is the lowest average since Jonathan Miller, the author of the report, began tracking rental data 20 years ago. Last year in September, that number was 55, the report shows. Tight lending standards in combination with an improving economy [more]
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