Take my apartment, please! Luxury rental concessions are back – Robert Khodadadian

New York’s airtight rental market is starting to show some cracks: Luxury concessions are back. From Williamsburg to Long Island City to Midtown, brokers and listing sites reveal landlords are again offering a free month, leasing incentives and lower base rent on units that sit. “It’s only been recently — the last couple of weeks,” said Douglas Elliman agent Jason Amirian. For a time, surging demand had all but erased the multi-month concessions offered during

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, concessions, Luxury Real Estate, NYC Rental Market, return to work The Real Deal New York Read More

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