Buyers take test-run on condos

Some potential buyers are renting their condos before taking the leap and plopping down big sums. In the slumping market, many condos are renting out their unsold units, even in high-end buildings like 15 Central Park West or The Plaza. Some developments are even splitting themselves in half. East Harlem’s The Bridges recently made one tower into rental units while the other stays as a condo. In this month’s issue, The Real Deal spoke to brokers about the rental market.