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Downtown L.A. Starts to Mirror Manhattan With Glut of Apartments

More than 4,000 new apartments are forecast to hit the Los Angeles market this quarter, according to CoStar Group Inc.

The refuse area serves one of Manhattans largest co-op residential complexes.

Concessions jumped to yet another record in January, with 49 percent of newly signed leases coming with some sort of sweetener.

More than 4,000 new apartments are forecast to hit the Los Angeles market this quarter, according to CoStar Group Inc.

With big companies reducing space and new towers rising across New York, office owners are trying to attract tenants by lowering asking rents.

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