Mitchell: Saturated new development in New York City drives up rental concessions
Sean Mitchell · Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator · May 4, 2018 · at 39:00
Sean Mitchell, co-founder and CEO of proptech platform Rezi, discusses rental market dynamics in New York City in 2018.
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“New York, In particular is very interesting because of the saturation of new development. Has forced a meaningful increase in the concessions that landlords have to offer in order to get their units leased.”
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