One Click Away From NYC Rent Stabilized Apartments Quick Recap On NYC Rent Stabilized Apartments When the lease for a NYC rent stabilized apartment is up, the rental increase is regulated and you are guaranteed to get a renewal lease. After the initial approval of the application, the landlord of the apartment is basically stuck with you forever because they have no recourse in getting you out of the apartment barring some illegal activity or lack of payment that would void…
Tag: fees
This Is How You Find An Apartment In NYC Without A Broker
This Is How You Find An Apartment In NYC Without A Broker At this moment, you are contemplating finding an apartment in NYC on your own without the help of a broker and you are second guessing if it is even possible having read everywhere how difficult it is. Regardless, you’re going to explore the possibilities and take your shot because you’re finding a difficult time finding a reputable broker or you literally do not want to pay the thousands…
The New Rent Laws: What You Need To Know (For Now) by Jessica Feder-Birnbaum
The new rent laws that went into affect in June 2019 have been overhauled to protect tenants. Landlords and management companies are scrambling to be law abiding and stay profitable. As with any new system, there’s a learning curve. Landlord feedback is that the laws skew too highly in favor of tenants. How pushback will alter these policies remains to be seen. Whether you’re a rent stabilized or market rate tenant, read on to see what these changes are and…
How To Prepare A Rental Application That Gets Approved
By Jessica Feder-Birnbaum As a licensed real estate agent, I’ve received countless distraught calls from prospective renters when apartments they have applied for have “fallen through.” After submitting numerous client applications, I’ve learned several steps to take so an application doesn’t get denied. Whether you work with a broker or search on your own, here’s what you need to know to prepare a winning rental application. Qualifications Do your homework. You don’t want to fall in love with an apartment…
Why maintenance charges always go up and service doesn’t
Like death and taxes, maintenance fee increases are one of the sure things in life A New York City co-op owner recently said writing a maintenance check was like going to the dentist. It’s always painful but can’t be avoided. Maintenance fees, unlike most mortgage payments, which are fixed and do not increase over the period of the loan, almost always increase from year to year. This wouldn’t be so bad if service improved – better heating system, 24-hour doormen,…
Why It Is So Hard to Find an Apartment in NYC?
“I’ma make it by any means, I got a pocket full of dreams…” Alicia Keys “ I wanna be a part of it…” Frank Sinatra Whether we’re from Trenton, or Timbuktu, we all know the lyrics. Alicia, Frank and a host of other singers have been belting out the siren songs that have lured people from all over the world to NYC to fulfil their dreams of living you and having it all. And every year people arrive, they…