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They tell The New York Times that some well-heeled Manhattan residents are still skittish about buying real estate. They'd prefer to pay hefty rent.
In fact, Rado Varchola, a senior vice president at Citi Habitats, says it can be easier to market high-priced rentals than those in the lower brackets.
Among other things, he's offering a 2,700-square-foot, four-bedroom apartment on East 77th Street.
The monthly rent? A mere $18,000.
That's cheap when compared to the city's most expensive rental -- a mansion on East 80th Street, near Central Park.
It's listed for -- buckle your seat belt -- $210,000 a month.
It's also for sale at $90 million.
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Information from: The New York Times, http://www.nytimes.com/
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