Local Info in 10038 : Questions & Answers

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Dan Janow, Real Estate Pro in 10005
Dan Janow answered:
We own a studio condo-John St 650sf, and we might renew the lease soon. What would be a reasonable increase in rent? Building had no impact by Sandy.
3 to 6% generally considered the standard. As the Financial District has had a fairly large increase in the last year you may be more likely to get away with the upper end. It also de ... more
0 votes Share Flag Fri Jun 6, 2014 General Area in 10038
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