AvalonBay’s Rent Concessions Jump in New York, San FranciscoBy
Landlord contending with increased supply, sluggish job growth
Rent growth on new NYC leases ‘stubbornly low,’ Breslin says
Apartment landlord AvalonBay Communities Inc. gave renters concessions worth $300,000 in the second quarter, four times more than in the same period a year earlier, as enticements to sign leases.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.