NYC landlords need to stop waiting for the big pay day and start dropping prices.
And that appears to be what’s happening. Commercial landlords apparently are still waiting, hence the empty storefronts, but it seems the residential landlords have finally realized the market needs to correct.
And that appears to be what’s happening. Commercial landlords apparently are still waiting, hence the empty storefronts, but it seems the residential landlords have finally realized the market needs to correct.