The Pandemic Isn't Just in New York, It May Be All Over the Country

Woo says we may be seeing only the beginning of this trend. We do expect that manhattan rents could fall by more ten per cent, because there's a lot of factors where the pandemic has more on rents than the great recession did. A recovery from a pandemic is likely even more uncertain than recovery from a financial crash. The second is that the pandemic isn't done doing its mage on the economy....