{"id":191379,"date":"2009-08-25T19:43:00","date_gmt":"2009-08-26T00:43:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/08\/25\/signs-of-the-apocalypse-21\/"},"modified":"2009-08-25T19:43:00","modified_gmt":"2009-08-26T00:43:00","slug":"signs-of-the-apocalypse-21","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/08\/25\/signs-of-the-apocalypse-21\/","title":{"rendered":"Signs of the Apocalypse"},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20603037&amp;sid=aQofXjNr0FWI\">Rents in New York City are falling<\/a>:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>Manhattan apartment rents fell as much as 10 percent in August from a year ago as tenants gained negotiating power in the recession and forced landlords to offer concessions. <\/p><\/blockquote>\n<p>10% ain&#8217;t some sort of rounding error.<\/p>\n<p>Real estate has been declining for some time, but the fact that <span style=\"font-weight: bold;\">rents<\/span>, not purchases of condos or co-ops are falling is an indicator that the downturn in real estate has a ways to go before truly hitting bottom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rents in New York City are falling: Manhattan apartment rents fell as much as 10 percent in August from a year ago as tenants gained negotiating power in the recession and forced landlords to offer concessions. 10% ain&#8217;t some sort of rounding error. Real estate has been declining for some time, but the fact that &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088,1089],"tags":[],"class_list":["post-191379","post","type-post","status-publish","format-standard","hentry","category-real-estate","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191379"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=191379"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=191379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=191379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=191379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}