New York | Manhattan's super-high-end rental market, comprising apartments that start at $US22,000 ($30,350) for a month's rent, has slowed to a trickle as wealthy foreign and domestic renters refuse to return to New York.
"If someone has $US22,000 a month to spend on rent, they're probably wealthy, and probably renting temporarily," says Nancy Wu, an economist at StreetEasy. "Far fewer of those people are coming to the city, so it makes sense there's less demand."
