{"id":3886,"date":"2009-02-25T00:49:20","date_gmt":"2009-02-25T05:49:20","guid":{"rendered":"http:\/\/www.renthop.com\/news\/?p=147"},"modified":"2023-07-24T14:42:15","modified_gmt":"2023-07-24T18:42:15","slug":"rental-deals-the-juicy-the-interesting-and-the-hard-to-price","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/rental-deals-the-juicy-the-interesting-and-the-hard-to-price\/","title":{"rendered":"Rental Deals: The Juicy, the Interesting, and the Hard to Price"},"content":{"rendered":"
With rent prices declining in New York City, we’ve all heard about the incentives being offered to renters and brokers alike. This theme was highlighted in a recent NYTimes article entitled “A Month Free? Rents Are Falling Fast”<\/a>.<\/em> But what are actually some of the deals being offered? We took a look at some of the popular luxury high-rises around the city and compiled a small list of the offerings! For the most up-to-date list, visit our no broker fee apartment site<\/a>.<\/p>\n Some of the offerings are quite juicy [such as the 3-months free off 15-month lease – which turns out to be a hefty 20% discount!]. Other offerings are interesting, such as the Visa gift card and the 6-months free Gold’s Gym membership [my guess is that it’s worth ~2-3 hundred]. Finally, we’ve recently read that Stonehenge is offering a “Rock Solid Flexibility” option, which allows a renter to break their leases with 60 days of notice should they lose their jobs [this is hard to price… but certainly helpful]. However, be sure to calculate out the net effective rents [rents discounted by the incentives] to compare like-for-like.<\/p>\n