London's stagnant high-end market is offering crazy concessions—could New York be far behind?

… Its widely acknowledged at this point that as New York Citys real … a few new concessions on the table whether youre looking to rent or snap up a luxury condo But while a luxury … as two Rolls Royce Phantoms a $1 million yacht a Hamptons rental for the summer and a livein butler for a year Could …

By Virginia K. Smith |May 16, 2017 - 2:45PM
Brooklyn and Queens sales prices are still rising, but rentals are mostly stagnant

… is sort of the release valve And while plenty of people are buying in Queens who arent moving to the borough just as an … reading a rash of other market reports also came out this week … Citi Habitats Rental Report … Key figure the vacancy … … You Might Also Like … viewbublogpanes=ymalinline   … Buy … Sales Market … Rent … The Market … concessions … …

By Virginia K. Smith |April 14, 2017 - 9:59AM
Even with landlords refusing to officially lower prices, renters have the upper hand in 2017

… has been the case for nearly a year the flood of highpriced rentals into New York Citys market has meant a lot of apartments sitting empty and in turn a lot of landlords … on concessions and other extras rather than simply offering cheaping apartments As weve written previously it behooves …

By Virginia K. Smith |January 10, 2017 - 12:59PM
Winter is for renters: How to get a deal in the "cheap" season

… The phrase winter is coming usually comes with pretty bleak connotations but for renters in search of a bargain the onset of the colder … concessions Your landlord wants you to commit for 16 months Should you … Rent … The Search … broker fee … concessions … …

By Virginia K. Smith |January 5, 2017 - 11:59AM
Why do landlords offer concessions instead of lowering rent—and does it mess up the market?

… While the current boom in concessions creates some welcome bargains for New York Citys beleaguered renters one could be forgiven for asking the logical … tax breaks in exchange for creating a certain percentage of affordable units in other words the socalled 8020 buildings …

By Virginia K. Smith |November 3, 2016 - 1:59PM