Contact me here to discuss any upcoming vacancies and/or pricing of your apartments.
Our March data shows a slight increase in demand for rental apartments.
However, home seekers continued to be price sensitive and often toured a variety of buildings in search of the best deal. To attract these comparison shoppers, landlords increased their use of incentives.
In March, 35% of new leases included a concession, up from 31% in February.
Typically, incentives become less prevalent as spring approaches, so the increase in their use month-over-month is noteworthy.
Click the image above to access the full report
Tagged: Central Park West Apartment, manhattan apartment, manhattan co-op, Manhattan condo, manhattan coop, Manhattan Real estate, manhattan real estate agent, manhattan real estate broker, New York city apartment, New York City Real estate, new york city real estate agent, upper west side apartment