Bay Area landlords upping concessions dramatically to bring in tenants, according to Avison Young
San Francisco
Sep 6, 2023

Tenant improvement packages more than double in Silicon Valley

Bay Area office tenants shrink footprint in SF and expand in suburbs
concessions, Douglas Elliman, Jonathan Miller, NYC Rental Market, rents
New York
Dec 8, 2022

Even luxury rents normalize as overall market softens

More concessions, fewer new leases signed in Manhattan
(Illustration by The Real Deal; Getty)
New York
Nov 10, 2022

New York’s wealthiest renters drive prices to new records

Market’s high and low ends diverge as inflation weighs on low-income tenants
(Illustration by The Real Deal; Getty)
New York
Oct 13, 2022

Inflation takes Manhattan’s rental market

Rents slip two straight months as tenants pull back — but not wealthy ones
The Corcoran Group’s Kunal Khemlani (left) and  Brown Harris Stevens’ Joshua Young with (from left) 47-05 Center Boulevard in Queens, 70 West 37th Street and 605 West 42nd Street (Rockrose, CityRealty)
New York
Sep 20, 2022

Take my apartment, please! Luxury rental concessions are back

Despite newfound deals, brokers wary to call trend a market shift
What happens to concessions when it’s time to renew a lease?
New York
Jun 8, 2018

What happens to concessions when it’s time to renew a lease?

Tenants have leverage but should not bank on getting the same deal, insiders say
Summer rental surge won’t be strong enough to impact concessions
New York
May 4, 2018

Summer rental surge won’t be strong enough to impact concessions

It may lead to a slight decline but not much more, experts say
Concessions hit record highs once again in Brooklyn and Queens
New York
Feb 8, 2018

Concessions hit record highs once again in Brooklyn and Queens

Amount of deals with concessions topped 50% in one borough
Concessions in BK, Queens still sky-high
New York
Dec 14, 2017

Concessions in BK, Queens still sky-high

Year-over-year concessions in Brooklyn rose for 22nd consecutive month
Tenant improvement allowances at Manhattan’s trophy office towers nearly 3x pre-recession levels
New York
Nov 6, 2017

Tenant improvement allowances at Manhattan’s trophy office towers nearly 3x pre-recession levels

While concessions climb, asking rents remain below 2008 peak
Developer of controversial Park Slope luxury project agrees to concessions
New York
Oct 20, 2017

Developer of controversial Park Slope luxury project agrees to concessions

Avery Hall Investments will build a larger supermarket on site of former Key Food
Foreign owners don’t give a buck about concession packages
New York
Oct 9, 2017

Foreign owners don’t give a buck about concession packages

Overseas buyers are less likely to dip deep into their pockets for free rent and tenant improvements: Colliers
Why some developers aren’t buying into the incentives gambit
New York
May 4, 2017

Why some developers aren’t buying into the incentives gambit

Ben Shaoul, Joe McMillan riff on switching brokers and Tribeca’s aspirational prices
The Long View: What’s the point of incentives in the resi market?
New York
Apr 26, 2017

The Long View: What’s the point of incentives in the resi market?

Research suggests goodies are less effective than price cuts
Ask and ye shall receive: Developers step up concessions in tepid market
New York
Mar 9, 2017

Ask and ye shall receive: Developers step up concessions in tepid market

Mansion taxes, higher broker splits and discounts – what won’t a sponsor do?
One-third of all Manhattan resi leases in January included concessions
New York
Feb 9, 2017

One-third of all Manhattan resi leases in January included concessions

Vacancy in the borough dipped slightly to hit 2% last month: report
How much longer can concessions mask weak rental market?
New York
Jan 6, 2017

How much longer can concessions mask weak rental market?

Median rents have barely fallen despite sluggish demand