Two-tower 595 Dean offering two months free on market-rate leases. After 14 months, though, a big increase.

It's not a surprise that a new building--or, in this case, two-tower complex--has a lot of inventory and needs incentives to lease up.

As I saw in late December, and again as shown in today's screenshot below, 595 Dean is offering two months free on a 14-month lease, "1 Month OP," which means the owner pays one month of the broker fee (which, not sure, may be larger).

(Note that the website still states that these are for leases signed by the end of December. StreetEasy says the offer is for leases signed by the end of the month.)

Getting a deal?

So these are (relative) deals, but for those staying longer than the initial term--and who wants the hassle of moving?--that $3,369 studio would cost $3,930, and that $5,966 two-bedroom would cost $6,960.

Note: the $3,930 studio (#838) was originally listed at $4,080 and the $6,960 two-bedroom (#2204) was originally listed at $7,115. So pricing is, again not surprisingly, an adjustment process.

Note that the listings on the 595 Dean web site, including the latter two, are not necessarily active on StreetEasy, and vice versa.