At this point, it seems like concessions at New York rentals set new records almost every month. In January, the number of deals with concessions hit 47.5 percent in Brooklyn and 50.8 percent in Queens, records that lasted all the way until March, when deals with concessions shot up to almost 48 percent in Brooklyn and 63 percent in Queens, according to Douglas Elliman market reports. In Manhattan, the number of new leases with concessions […]
source https://therealdeal.com/2018/05/04/summer-rental-surge-wont-be-strong-enough-to-impact-concessions/
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