In order to make the decision on whether to get a renters insurance policy, it is important to know what’s covered, the three types of coverages typically available, and what to watch out for when purchasing your own policy. Please note that each insurance company has different exclusions and coverage limits. Problems and frustrations can arise down the road if you don’t fully understand what’s included and excluded in your policy. There are three essential types of coverage: 1) Personal…
Tag: lease
One Click Away From NYC Rent Stabilized Apartments
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…
Easy Ways to Improve Your Home’s Value Through Curb Appeal
If you’re preparing your home for sale, it’s important to address not only the inside but the outside as well. A buyer’s first impression of your home should be welcoming and encourage them to enter the house and see themselves living there. This article will discuss some of the ways you can maximize your home’s value by working on its curb appeal. Take a Tough Look at Your House’s Exterior You may have many emotional attachments to your…
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 Have a Good Relationship with Your Landlord
Your relationship with your landlord in New York will be, at best, complicated. Because there is such a high demand for housing in New York, your landlord might be less than thrilled to do all the work to keep you as a happy tenant. After all, they probably can rent the apartment or house to someone else in a month. Does this mean your landlord is scum? Of course not, but there are several things you can do as a…
Apartment Buildings or Privately Owned Apartments?
The Pros and Cons of large versus small apartment buildings. When choosing your apartment, it’s essential to consider more than just the interior. What kind of apartment buildings you lease from matters too, and there are many different kinds of landlord tenant arrangements. The two primary kinds of apartment buildings in New York are either large apartment buildings, or those in private homes. Amazing apartments can come in either type of building. The lovely garden apartments of Cobble Hill 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…
How to Land Your Dream Apartment in New York City
Apartment searching anywhere can start out being very fun and quickly turn into a very time-consuming and daunting process. Looking for apartments in New York City, specifically, can leave seekers feeling very helpless due to higher rents, smaller living spaces and the need to be near the ‘perfect train.’ I would know, by 30 I had lived in midtown East, the Upper East Side, Midtown West, Queens and two stints in Brooklyn. Why is NYC so desirable? • Proximity to mass transportation:…
Communal and Co-Living Options for NYC
Solo living is both financially out of reach and unappealing for many people, but finding the right people to live with, and the right place to live with them, can be a big hassle. Shopping the internet for roommates can be anxiety producing, and if you move in with the wrong one you could be stuck with them for the duration of the lease. Sharing expenses can be a total nightmare when one roommate is financially responsible and the other…