Year of the Renter by Jane Herro
Feb 08, 2017 apartments,brooklyn,brooklyn real estate,brooklyn real estate agents,brooklyn realty,clinton hill,for rent,jane herro,new york city,real estate,real estate life,realty collective,renter's guide,rentlas
A case of supply and demand is impacting the rental market across NYC at the moment; inventories and vacancies are higher than they’ve been in years and renters are benefiting because of it! If you’re thinking about moving, now may be the time as landlords are more willing to negotiate. Concessions for both new leases and renewals are becoming the norm, whether it be the landlord paying the broker’s fee or offering a month or two for free. The NY Times lays out the numbers here.
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