Rental market offers up more concessions for Christmas
The rental market continues to hand down an unprecedented number of concessions, according to a monthly report from Douglas Elliman. In an effort to keep...
Tag : concessions
Landlords dial back on rent concessions
Landlords dialed back the concessions last month as they continued their delicate balancing act with renters. According to Citi Habitats May rental report, average rents...
Renters go fishing for deals as apartment concessions soar
Encouraged by numerous reports about New York City’s softening rental market, tenants are now engaging in their own form of real estate speculation. At open...
Report: Manhattan office landlords becoming increasingly dependent on concessions
Manhattan office landlords are growing increasingly dependent on concessions in spite of rental rates hovering near record levels. According to Savills Studley’s 2017 Effective Rent...
Deal or no deal for city renters as landlord concessions spike
The percentage of Manhattan rentals with landlord concessions has reached a new record for the fourth consecutive month, suggesting a growing dependence on incentives among...