New York City landlords have never been this aggressive about filling up vacant apartments

Drew Angerer/Getty Landlords in New York City are taking unprecedented steps toget leases signed. In January, concessions like a month of free rent and brand new appliancesrose to a record in Manhattan and Brooklyn, according to the real-estate appraiser Douglas Elliman. Concessions hit new highs for a fourth straight month, and theshare of new leases with such giveaways was above 30% for the first time. Concessions climbed to a record 18.1% of all leases in Brooklyn, more thantriple a year ago....