Wow, I saw this while glancing through my inbox yesterday.  505 West 37th is offering 2 months free + 2 months OP!!  That’s 4/14 months of discount off the gross from the landlord’s point of view!

There are a few interesting ways to play this deal.  If you are a broker, do you try advertising the open listings with 3 months free as a net effective, hoping to fold half your OP into the rent during the negotiation process?

If you are a renter, do you walk into the leasing office demanding 3 months free?  Better yet, can you find a licensed broker to be your roommate, and then you all get the full 4 months free??  Note that not all buildings by this management company are offering such a great deal.  I believe 2 Gold is still at 1 month free + 1 month OP.  Still, after gathering data from the past three years, we’re pretty sure November is the magic sweet spot for moving, if you can somehow sync your schedule accordingly.

This entry was posted on Saturday, November 6th, 2010 at 5:16 pm and is filed under Rent Hop News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.