Miller Says Delayed Buying Boosting Manhattan Rents

Miller Says Delayed Buying Boosting Manhattan Rents Play

July 11 (Bloomberg) -- Jonathan Miller, chief executive officer of Miller Samuel Inc., talks about Manhattan's real estate market. Manhattan apartment rents climbed 7 percent in the second quarter from a year earlier as landlords emboldened by low vacancy rates cut concessions and tested how far they could push price increases. Miller speaks with Lisa Murphy on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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