"I am hoping you can help me. My family and I are looking at moving to NY in the coming year and I was looking into rental costs and I was a little confused. Is the rental amount on this property a yearly charge? I just want to make sure I know what I should be looking for so that we can budget accordingly."
Some NYC neighborhoods log fewer complaints against dogs than others.
Despite the fact that apartments are small, dogs are often left home alone for hours on end, and most toileting requires exercise on the owner’s part as well as the pooch’s, New York City is a veritable haven for dogs (just check out your local dog run before and/or after work for proof). That said, some neighborhoods are better at controlling canine nuisances (barking, howling, poop left on sidewalks) than others, according to the folks at Gothamist, who whipped up a nifty interactive map that breaks down incidents of noise and waste complaints made to 311 by zip code.
A resident at one of New York's most famous hotels came home from vacation to an unpleasant surprise.
We'd have thought this would be common sense, but in case there was any lingering confusion, a new lawsuit from a co-op shareholder at the Carlyle on the Upper East Side has made it crystal clear: just because you're sleeping with someone doesn't mean you should expect them to take care of your apartment.
Hell's Kitchen 2-bedroom with master bedroom, washer/dryer, granite countertops, and custom cabinets in luxury building with shared roof deck, $5,749/mo + 8.37% broker's fee
If you're trying to find a NYC rental and aren't dying to pay an exorbitant broker's fee, take a look at the listings over at Naked Apartments to see a variety of no-fee and low-fee apartments with broker’s fees that top out at 9 percent (versus the typical 12 to 15 percent). We've rounded up current options in all five boroughs and in a variety of price ranges, and you can also search Naked Apartments by “no-fee” or “low-fee” to see more.
Some new developments--like 50 West, above--offer an early sales window for selected buyers.
By the time apartments at 50 West officially hit the market in early July, almost a third of the 191 condos in the glassy Battery Park City tower were already unavailable—snatched up during a 30-day period when developer Time Equities offered them to a select waitlist of "friends and family."
As if buying a New York City apartment isn't hard (and expensive) enough, more and more new developments are hitting the market with a sizable chunk of units already reserved, making it even more difficult for the average buyer to sign a deal. Think of it like the VIP line of the apartment hunt—and a sign of a condo market on fire.
So how do you get to the head of the line? And do you want to? Read on.
Owning an apartment outright may seem like the dream, but keeping that mortgage is smart in some cases
It may be tempting to pay off a mortgage as soon as humanly possible—say, when those first few bonus checks roll in. (That line of thinking is especially true in New York City when a huge mortgage is often associated with a comparatively tiny apartment.) But, according to Zillow, there are cons to getting rid of that mortgage ASAP, and they go beyond prepayment penalties. Before you give your bank a huge chunk of change, remember these points.
StreetEasy, Zillow and Trulia all use slightly different data on their sites. While each metric is useful in its own way, it's best to know what you're looking at.
If you're like us, you skipped out of your last high school math class and breathed a sigh of relief. Unfortunately, the process of buying or selling an apartment will bring you right back to that classroom, between figuring out a fair price tag for your condo, deciding whether that co-op is overpriced, or simply determining whether you can afford a neighborhood.
Q. I live in a co-op, and recently a water pipe inside my wall leaked, probably because of its age. Even though it was repaired promptly, the leak caused some water damage to the apartment below mine. According to the building, the pipe is my responsibility, which I don't dispute. But who's responsible for repairing my neighbor's damage?
A. Standard practice is for everyone involved—the building and both co-op owners—to file claims with their respective insurance companies and let them sort it out, our experts say.
MIDTOWN, MANHATTAN: 2-bed, 2-bath co-op at 25 West 54th Street (between Fifth and Sixth). $799,000 + $1,398/mo maintenance.
If you've got $800,000 to spend, there are a lot of options on the market in New York, from larger, family-friendly digs with backyards (or even a pool!) to still-spacious centrally located one-bedrooms. We've looked through the listings, and found homes in your price range in all five boroughs.
The Real Estate Survival Guide for NYC Buyers, Sellers, Renters & Dwellers
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