Steep rent increases for tenants, condos with 10 percent down payments, & more

By Austin Havens-Bowen | March 4, 2022 - 2:00PM

This week readers visited Brick Underground to read why many New York City tenants are being hit with steep rent increases at lease renewal time. Landlords are increasing rents by as much as 30 to 60 percent to make up for when apartments sat empty or rented far below market rate during the pandemic.

Also of interest: A roundup of New York City condos you can buy with just 10 percent down, including a Midtown one bedroom for $685,000.

Here are this week's top five posts:

1) Hit with 30 percent (or higher) rent increases, many NYC tenants are in 'shock'

2) 5 NYC condos you can buy with only 10 percent down

3) 11 things NYC landlords are required to provide, and 11 they’re not that might surprise you

4) 8 real-life co-op board reference letters that work

5) Here's how long it takes to sell a NYC apartment: A timeline from pre-listing to closing

Austin Havens-Bowen

Writer

Austin Havens-Bowen is a writer and reporter. He previously covered local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

SEE MORE BY Austin Havens-Bowen »

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