Exact(5)
Those are the people who are getting serious, the real estate agents say, dropping rents and making concessions.
The tax benefits are typically far smaller than the amount of money landlords could lose by dropping rents to stabilized levels.
This might mean subdividing larger units, dropping rents, or just ensuring spaces are equipped with a decent broadband connection and parking.
But in the 1890s the company cut wages without dropping rents, inciting massive strikes, unionization at the hands of a man who would become America's leading socialist, and boycotts that shut down rail service around the midwest.
Maybe it's the result of canny Chinatown landlords dropping rents to pre-boom bargain prices, or the continuing momentum of a decade of heated activity, or just the fact that the neighborhood is one of the few pedestrian-friendly niches in Los Angeles, but a recent influx of young artists and new D.I.Y. spaces appears to be bringing Chinatown back to its roots as a vibrant, innovative underground.
Similar(55)
As for August and the other male characters, they are marked by type rather than depth — the feckless fathers dropping rent money at the juke joint, the tomcatting lovers, the scam preachers, the shadowy sexual predators and the men who, it is both said and intimated throughout, simply wrecked the lives of the women who loved them.
Though demand has dropped, rents have remained the same.
Landlords were unable to drop rents so radically, he said.
Even as prices begin to stabilize or drop, rents remain higher than they were two or three years ago.
Karen Buck, the Labour MP who was passed the letter, said it showed that ministers were wrong when they claimed nobody would need to move as landlords would drop rents to accommodate welfare cuts.
They went on to calculate that it would take about 74,000 Wall Street job cuts in New York to tip the scales to the point where landlords at New York's highest-quality Class A buildings are forced to drop rents significantly.
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