Living

Manhattan Landlords’ Latest Lure: Free Rent Until Next Year

  • Faced with a glut of apartments, owners get bolder on breaks
  • Renters go shopping for best deals with vacancies at a record
Apartment building in New York.Photographer: Victor J. Blue/Bloomberg
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“Don’t pay rent until 2021,” is the message blaring from a web page of New York apartment listings by Related Cos.

Manhattan landlord Stonehenge says you can “Live free for 3” in some of its units. That’s in addition to the Citi Bike membership and American Express gift cards the company is offering students and recent graduates who sign leases.