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Posted on February 2, 2009 | tags

 
 

Biz, U.S.: Sky-high rents in NYC aren’t looking so sky-high anymore

  • We had a truly un-New York experience with our old landlord begging us to stay.
  • Tom Botts • a 39-year-old New York City resident who found a drastically different landscape for renting when he and his wife, Libbie Rice, went apartment-hunting. Deals were all over the place, and his old landlord even offered to cut the rent if they stayed. Tenants like Botts are finding significant deals, even free months of rent, in a recession-belabored market. • source