Rents drop in New York City for second month straight

Bucking a state and national trend toward rising rental rates, New York City tallied its second-straight month of declines, according to Apartment List’s October rent report, released Wednesday. But don’t go signing a lease on that amenity-stuffed TriBeCa pied-à-terre just yet -- the minuscule drop represents a measly $5 on the average $2,500 two-bedroom apartment ...