When you move into a new rental, there's one hard and fast rule for landlords to follow: the place must be in "broom-swept" condition, meaning it's clean, and the appliances have to work, says Dylan Pichulik, CEO of XL Real Property Management, a New York property manager. "All the rest is negotiable," he says. In other words, you can get your landlord to pay for some repairs and upgrades before you move in. On the flip side, there are some things that will almost definitely come out of your own pocket.
Below, which fix-ups fall into which category (and some grey areas), plus bargaining strategies to get the repairs you want.
No-fee Midtown Center 2-bedroom with private terrace and gourmet kitchen in building with 24-hour doorman, concierge service, valet dry cleaning, fitness center, observation deck, and shuttle bus to Grand Central, $3,310/month
If you're hoping to find a NYC rental apartment without splashing out a typically expensive broker's fee, check out 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.
Affordable housing can be life-changing, but it's not easy to get.
Renting an apartment in New York City is a competitive endeavor, but even we were shocked when almost 59,000 people applied to move into 105 apartments at 1133 Manhattan Avenue, a new building going up in Greenpoint, Brooklyn. Why such interest? The development is part of an affordable housing program known as 80/20, in which developers set aside units for gainfully employed low- and middle-income renters, who pay significantly reduced rents.
A brand new kitchen may impress a potential buyer, but it's the "bones" of an apartment that really matter.
Buying or selling an apartment is a huge undertaking with equally enormous stakes. Needless to say, you want the job done right. AOL Real Estate, by way of Business Insider, has a good roundup of basic ways to avoid making a major error. We pulled out a few that New Yorkers should keep on their radar.
This upper duplex in Park Slope is down the street from Prospect Park and costs just under $5,000 a month to rent.
This duplex rental in a brownstone at 393 10th Street in Park Slope has “family-friendly” written all over it, and a not-too-steep price tag of $4,995 a month. Along with its location in the stroller-heavy Brooklyn neighborhood, there are four bedrooms (three upstairs and one down), so no one has to share space or—by extension—stuff; two full bathrooms (one upstairs and one down) so no one has to wait for a bath or a toilet; plus two walk-in closets for storing a family’s worth of clothes, shoes, toys and equipment.
Q. I own a two-bedroom condo worth roughly $1.5 million, with a $300,000 mortgage and $500,000 in the bank. I want to buy a three-bedroom for between $2.25 million and $2.5 million. What’s the best strategy to do this? Should I sell the current place and rent while I look? Or make an offer on a new place and hope to sell before I close?
A. The unfortunate trade-off of being a seller in a seller's market is that, often, you wind up being a buyer as well, and this is particularly tricky when you're in the market for pricier digs. While a host of personal factors will go into this decision, our experts recommend that you sell first—or at least line up a buyer, even if you don’t close on the deal—before you seriously bid on a three-bedroom.
A tipster from 301 Cumberland Street in Fort Greene wrote in to Brownstoner last week about the building's pee problem, which has apparently been going on since November 2013. "Bag after pee-filled bag [bursts] at the bottom of the stairs or [leaks when it lands]" in the shared basement, which also houses the laundry room, they note. As such, the common areas are starting to smell like a Meatpacking District alley on a Sunday morning in August. Delightful.
LENOX HILL, MANHATTAN: 2-bed, 2-bath co-op at 575 Park Avenue (between 62nd and 63rd). $950,000 + $4,545/mo maintenance.
If you're looking to spend just shy of a million bucks on a new home, we've combed the current listings for plenty of options in all five boroughs, from a beachfront condo in the Rockaways to a brick-laden Brooklyn multi-family to a cozy Chelsea co-op.
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