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Rents for no-doorman apartments in Manhattan reach a record
Units going for as much as US$3,000, highest since Sept 2011
Published Fri, May 12, 2017 · 09:50 PM
New York
MANHATTAN apartment rents are on the decline - unless you're living in a no-frills building without a doorman. For those units, rents just hit a record.
While new luxury apartments with doormen - and other extras, such as pools and gyms - are proliferating and landlords are cutting deals to get them filled, renters who seek more affordable havens have been driving up demand for older, basic units, for which the supply is more fixed.
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