New rules for the tenant blacklist, an obstacle for NYC co-op buyers, & more
This week, readers visited Brick Underground to get a grasp on how the new rent law is impacting would-be co-op buyers. A limit on security deposits is being interpreted as also prohibiting co-ops from asking buyers without deep pockets to put months of maintenance fees in escrow.
Also of interest: A breakdown of what you should think about when buying a brownstone in New York City—you'll have to put much more time and energy into maintaining a brownstone than you would a co-op or condo. Consider yourself warned.
Here, in full, are the week's top stories.
2) What is the tenant blacklist and how serious is being on it?
3) 5 things you really need to know about your NYC radiators
4) Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws
5) Buying a NYC brownstone? Here are 10 things to consider
And from this week’s sponsors:
Here’s how much it costs to gut renovate a 1,000-square-foot Upper West Side co-op [sponsored]
How to pick the best New York City suburb: Commute, taxes, lifestyle, and more [sponsored]