The Appraisal
In an Earlier Time of Boom and Bust, Rentals Also Gained Favor
By DIANE CARDWELL
Published: October 17, 2011
“Many people had expected cooperatives to be affected by the recent slump in Wall Street, as indicated by the number of calls from bargain hunters looking for so-called distress sales,” an industry analyst at the time said. “We found that less than half a dozen apartments were offered for resale as a result of the market break.”
Read The Full Story Here: http://www.nytimes.com/2011/10/18/nyregion/new-york-rentals-gained-favor-in-an-earlier-boom-and-bust-period.html?_r=1
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