"Renter fatigue" means concessions are up and rents are (slightly) down in Manhattan

Rents in New York City have been too damn high for so long … be turning if only eversoslightly  The latest round of rental market reports came out yesterday and at least in the … landlords are realizing their prices are higher than renters are willing to pay and are trying to lure them back …

By Virginia K. Smith |April 8, 2016 - 9:59AM
Why you should read the fine print: the downsides of rental concessions

… all heard the expression that theres no such thing as free rent but if you peruse enough New York City rental listings youll see plenty of offers of free rentmaybe even two months worth In fact according to a …

By Lucy Cohen Blatter |March 21, 2016 - 8:59AM
Buying a new condo? Get concessions—even in today's market

A cursory glance at Manhattans everchanging skyline is … in the outer boroughs where most of the new construction is rentals not condos theres that supply and demand thing again …   … Buy … Sales Market … New Construction + Condos … Rent … The Market … The Search … buying … concessions … …

By Julie Strickland |February 18, 2015 - 11:59AM
Buy a condo at Williamsburg's The Oosten, get a trip to Amsterdam

… just went on sale for $64 million and there are currently three townhouse units available  according to  … high live atop your  nabes  tallest building Would you rent an apartment in West Bedford Perk Check     … Buy … Sales Market … New Construction + Condos … Rent … The Market … The Search … Live … Neighborhood Intel … …

By Virginia K. Smith |February 6, 2015 - 3:06PM
How to snag a discount on your rent this winter

… Despite the hassle of moving in the cold the winter is a good … lease since many landlords throw in a month or two of free rent cover the brokers fee discount the security deposit or … market reports for brokerage Douglas  Elliman  That figure should hold true for January and February as well he says …

By Lucy Cohen Blatter |January 12, 2015 - 8:59AM
After a brief detour, Manhattan landlords "back in the driver's seat"

… did you  After six months of declines albeit small ones rents in the Most Expensive Borough have shot back up to an … yesterday   This means both fewer available apartments for rent  and  fewer landlords doling out incentives good luck … month Similarly  Harlem clocks in as one of Manhattans most affordable areas even though average rents jumped 139 …

By Virginia K. Smith |May 16, 2014 - 9:59AM
Springtime is for renters: What's in store for 2014's busiest season of all

Its that time of year again when spring fever the end of our … and the possibility of snagging a free months rent  … So how much is this going to cost … First the good … of their classmates and colleagues  … What neighborhood should I live in … Even with the market calming down a bit …

By Virginia K. Smith |May 13, 2014 - 8:59AM