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 a month of free rent or payment of broker fees, were offered on 24% of new rental agreements in October, up from 10% a year earlier, according to a report Thursday by appraiser Miller Samuel Inc and brokerage Douglas Elliman Real Estate.
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