Battling for rentals: landlords, brokers see more bidding wars

By Katherine Clarke | June 19, 2012 10:30AM

From the June issue: When Miron Properties’ Jeffrey Schleider signed on in April to market a two-bedroom Lincoln Square penthouse, he never thought the property would inspire a bidding war. With an asking rent of $15,000 per month, the unit is “pretty expensive,” compared to most New York apartments, Schleider said, and he suspected it would appeal to a very small group of wealthy renters. [more]