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From "No Fee" To "No, Fee": WSJ Reports That Landlords Less Willing To Pay Broker's Fees On Manhattan Rental Apartments

We obviously spend a great deal of time surveying the market for Manhattan rental apartments here at the Luxury Rentals Manhattan blog -- the fact that this is the Luxury Rentals Manhattan blog might've been some indication of this. But while there's plenty of good news for NYC dwellers looking for a luxury rental in Manhattan, and we do our best to report it, the one topic we've kept coming back to over recent weeks and months is the decline (or not-decline) of the renter's market in Manhattan real estate. For the time being, we'd describe the renter's market as, if you'll pardon the real estate jargon, "still kind of happening, for the most part." But while prices are still fairly low on Manhattan rental listings, the perks that defined the renter's market at its peak -- from landlords paying fees to highly negotiable listing prices on rental apartments -- seem to be fading into the past. In the Wall Street Journal, Dawn Potapka delivers an obituary for the days of landlords gladly paying fees on Manhattan apartments. Let us bow our heads: