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Rental Basics in New York : Real Estate Advice

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Activity 105
Fri Jul 20, 2012
Martina Ryan answered:
Try offering to put some extra months of security down or pre- paying for a portion of the year.
0 votes 9 answers Share Flag
Wed May 29, 2013
Anna M Brocco answered:
Sat Jul 14, 2012
Anna M Brocco answered:
Always verify ownership before exchanging any money; no reason for a deposit if you haven't seen the unit, nor have an agreement in place....
0 votes 10 answers Share Flag
Thu Jul 12, 2012
Tina Lam answered:
If you are able to pay for a whole year of rent at once, then I find it hard for any landlord to object, since that alone obviates the need for credit. But, given that you're looking for an apartment in NY, you'll have to adapt to the current situation and maybe up the stakes to compete with other highly-qualified renters. ... more
0 votes 5 answers Share Flag
Thu Jul 12, 2012
Veronika Baba answered:
Hi Ramika!
If you are looking to buy a rental property the best area is close to NYU in West village or East Village.
Those are the most desirable areas for students, and you can get more for your money. I could tel you more if I had more information: your budget, how many rental unis...
Veronika Kian Realty NYC
phone 347 528 5573
... more
0 votes 9 answers Share Flag
Mon Sep 15, 2014
Arthur Golden answered:
The norm is for the owner to pay the commission but just like residential, everything is negotiable.
I have found that smaller owners are usually the ones that list as CYOF.

Thanks,

Arthur "Ungie" Golden
Prudential Douglas Elliman | 1995 Broadway, 4th Fl | New York, NY 10023
C: 212.866.8717 | P: 212.712.6078 | F: 646.497.5476 | E: agolden@elliman.com
Commercial/Residential Sales and Leasing Services
... more
0 votes 12 answers Share Flag
Wed Dec 19, 2012
Angela Nelson answered:
Yes, if it was stipiulated rent is due on the first day of every month. LESSON LEARNED. Pay your rent on time.
0 votes 7 answers Share Flag
Sun Jun 3, 2012
Tim Moore answered:
Right of first refusal is more of an option for a sale and is also called a kick-out clause. It goes like this: I'll buy your house if I can sell mine and if someone else comes along that wants to buy your house and they do not have to sell one first then I will walk away if I have not sold mine after 72 hours from the other guys offer is accepted by you. I don't see it happening in rentals because it is usually the first one to give a deposit gets the rental. ... more
0 votes 8 answers Share Flag
Thu May 31, 2012
Raoul Sodogandji answered:
If the lease is on her name, and she allowed the renewal, you have absolutely nothing to worry about.
0 votes 8 answers Share Flag
Sat May 26, 2012
Elena Ravich, Esq. answered:
That will be tough! You have to get the management company on your side and explain why you have to cansel, so that they help you to convince the owner to give it back. You may also put all your reasons in writing and give them a letter that they can forward to the owner. I assume the reasons are very compelling like a job offer has been cancelled or something else beyond your control that they may relate to. Otherwise, non-refundable deposit does not have to be refunded. You may also try that that they are in business of renting apartments and not collecting deposits and that they should be able to find another tenant quickly in this market. ... more
0 votes 5 answers Share Flag
Thu May 24, 2012
Dom Pascual answered:
Where are you looking? I can help you uptown. I can send you a referral. How is your credit?

Email me dompascual@gmail.com
0 votes 2 answers Share Flag
Mon Aug 31, 2015
Tapu answered:
Usually it is a percentage of income generated from building. I have a few management companies I can reccommend. Did you recently purchase a building?

You can contact me at 718-510-3884.

Best,
Tapu

Metropolitan Property Group
... more
0 votes 12 answers Share Flag
Mon Apr 30, 2012
Jacques Ambron answered:
Best bet is to talk to a few brokers in the area. See if they have any listings that are rent with option to buy, or if they have any listings that have been on the market a long time, perhaps the owner is in a position to work out something. ... more
0 votes 4 answers Share Flag
Tue Jul 17, 2012
Lana Parker answered:
Hi, if you invest in a condo, it can be done very quickly with no board approval. If you are going to invest downtown in a condo, it can be done extremely quickly if you have financing already set up. It all depends on which building you are looking to purchase. Do you have a place in mind? You can call me at anytime. 917-254-9769 ... more
0 votes 8 answers Share Flag
Tue Apr 17, 2012
Voices Member answered:
Our firm recommends starting your search 30-45 days in advanced. This should give you ample amount of time to set up appointments with your agent and see several properties within your desired areas and budget.

To answer your second question, yes it is feasible to move in mid-month. Most landlords prefer either the 1st or 15th as move in dates.

Best regards,

Ben Nitti
Licensed Sales Associate
Elika Associates
(212) 729-3018
... more
0 votes 6 answers Share Flag
Mon Apr 23, 2012
Shaunece Solomon answered:
Hi Bigcitydreamer, yes landlords do rent to students, the upper east side as well as the lower east has studios/1bed spaces starting from $1445. The utilities included depending on the building could be heat, gas, electricity. Do you have a guarantor?{parents, or family members} this could be help you get accepted for an apartment just as long as your guarantor meets requirements. If you need additonal help feel free to email me at Shaunece@gspnyc.com ... more
0 votes 18 answers Share Flag
Sat Mar 1, 2014
Weichert Realtors answered:
Tue Apr 10, 2012
John Peitler answered:
Please contact Dennis at 212-714-1027 for assistance in renting an apartment. Thank you and have a nice day.
0 votes 2 answers Share Flag
Mon Mar 19, 2012
Tim Moore answered:
You signed a contract - a lease - and it is a binding contract between you and the landlord or their management company. If you just changed your mind you will likely be able to get out of the contract but you will probably not get all your money back. If there is a valid reason that you no longer want the apartment, then you might have a chance to get some back. ... more
0 votes 16 answers Share Flag
Wed Mar 28, 2012
Nicole Gary answered:
A licensed Real Estate Salesperson is considered an agent. This means they have taken 75 hours of courses, and passed the New York State Real Estate Test. After being a real estate Salesperson for two years, you can take an additional 22.5 hours of education and become a broker, or you can remain a real estate salesperson. The level of service received and fees are the same. If you hire a great real estate agent, it does not matter if they are a broker, but a broker will hold their license. The individual you choose to be your agent determines the level of service you receive. ... more
0 votes 19 answers Share Flag
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