Prospect Heights housing lottery, decoding a lease, & more
This week, readers were interested in a new housing lottery that opened in Brooklyn. Every Thursday, Brick features a different lottery with instructions on how to apply. Housing lottery apartments are typically in brand new rental buildings with multiple amenities. Lottery units are rent stabilized, so rent increases are capped and renewals are automatic—making it a big deal to land one of these.
Also of interest: A reader signed a lease that says the tenant is responsible for damage to the windows or doors—period. Brick explains why such broad language could signal an owner trying to shirk their responsibility.
Here are this week's top five posts:
1) Housing lottery opens for 40 apartments in Prospect Lefferts Gardens, Brooklyn
2) My lease says I’m responsible if the windows or door lock breaks while I’m a tenant. Is that fair?
3) 6 things you really need to know about your NYC radiators
4) Boards prepare to hike maintenance fees and common charges next year
5) Seller financing: To get deals done, some owners give loans to buyers. Here's how it works