One57, a new luxury skyscraper apartment building designed by French architect Christian de Portzamparc which is under construction on New York City's West 57th street, is pictured April 24, 2014. REUTERS/Mike Segar
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It's a renter's market in New York City, and after a year of being bombarded with landlord offers of gift cards and free months, the perks are beginning to bore apartment seekers.That's helped keep rents relatively steady, with the monthly median falling only 0.4 percent to $3,334 after incentives are subtracted.In Brooklyn, 20 percent of new leases came with concessions. There were 2,467 apartments listed for rent in Brooklyn at the end of September, which is 37 percent more than the monthly average for the last five years, Miller Samuel and Douglas Elliman said. The landlord also offered a free month of rent and agreed to let the tenants amortize that bonus over the 12-month lease term, making for a monthly cost of $4,125, said Barnard, founder of the marketing firm Mandarin Partners.In the East Village, rents on leases signed in September fell 7.2 percent from a year earlier to $3,200, according to Citi Habitats.
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