SUBSCRIBERS
Manhattan's renters gain more incentives in apartment glut
Landlords offering a month of free rent or payment of broker fees in order to reach a deal
Published Thu, Nov 10, 2016 · 09:50 PM
New York
MANHATTAN landlords are giving renters more financial incentives than ever in a bid to keep apartments from going empty while the market gets flooded with new supply.
Lease-signing sweeteners, such as a month of free rent or payment of broker fees, were offered on 24 per cent of new rental agreements in October, up from 10 per ce…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
DBS puts 46 retail units, HDB shops on market for S$210 million
US mortgage rates jump above 7% for the first time this year
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases