Any New Yorker can tell you that landlords are warehousing apartments. It’s plain in my building, and many others. Of course the obvious question is, why doesn’t competition (aka The Magic Of The Market) cut the ground out from under any individual landlord who does that? The aspiring tenant just goes elsewhere, and the landlord has an apartment on his hands that’s not generating any revenue, while some other landlord is collecting the lost tenant’s rent.
Bankers love these lorders rings
Office tower space?. always a sting