NYC landlords holding apartments to avoid rent drops, discounts
Michael Lee/Getty Images NYC landlords are yanking apartments off the market amid low rents and demand, The WSJ reported. They're trying to prevent New Yorkers from locking in deals, betting on a spring-summer rent rebound. Experts told Insider rents won't fully rebound until the city fully reopens — likely 2022. New York City real estate is a finicky game: Apartment-hunting New Yorkers have been scoring deals left and right, but some landlords are trying to beat the discounts by holding empty apartments until prices rebound. They've been yanking empty apartm...