Archive for July, 2008

How to Get the Apartment You Want, Part 3: Preparing Your Paperwork

The number 1 thing you can do to ensure you get the apartment you want is to have your finances and paperwork in order before you start looking. Unlike most cities, in NY you are not just renting an apartment–you are also applying to rent an apartment and just like applying for a job or college admission, you want to present yourself in the best possible light . Being organized and prepared makes you look like a way better potential tenant than all those other people scrambling to find their 2006 tax returns or who can’t even remember their last landlord’s full name. Continue reading ‘How to Get the Apartment You Want, Part 3: Preparing Your Paperwork’

How to Get the Apartment You Want, Part 2: Questions of Timing

Today I will address questions of timing in an apartment search. The first question is “how long should it take to find a rental apartment?” and the second question is “how many weeks before you want to move should you start looking?” There is no hard and fast answer to either of these questions and they are undoubtedly related and thoroughly intertwined. How long you spend looking for an apartment depends on how picky you are and how realistic you are about the mutability of rental market conditions that may preclude the very existence of your “dream” apartment. After seeing 30 apartments over a series of two months and having them all be insufficient, it might be the case that what you desire does not exist and you will need to adjust your expectations so they are more in line with reality. Continue reading ‘How to Get the Apartment You Want, Part 2: Questions of Timing’

East Village Church View

How to Get the Apartment You Want, Part 1: Should I Use a Broker?

This week I will be outlining the process of renting an apartment in New York, drawing from my own perspective and experience as a broker. The first question on every renter’s mind is should you use a broker? I am a broker, so I say “hell yeah!” But seriously, I realize that many people don’t want to pay that fee and in reality, it’s a basic question of time and resources. Would you rather spend time or money? Do you even have time to look for an apartment on your own? Do you believe that it is worth paying somebody else to go looking for apartments on your behalf? Continue reading ‘How to Get the Apartment You Want, Part 1: Should I Use a Broker?’

“How to Multi-task a Room” via Apartment Therapy

In small NYC apartments it is often necessary to make an office/nursery or a kitchen/dining room or a bedroom/livingroom. Apartment Therapy calls this “multi-tasking a room” and offers creative solutions for making small spaces more usable, more enjoyable and aesthetically pleasing!

Rental Q&A Courtesy of the New York Times

“Must tenant show up to renew lease?”

“Can a landlord end a lease prematurely?”

NYC Rents Decreasing? Apparently Not.

Via the NY Observer: Although vacancies are up in many neighborhoods over this period last year, the Observer writes that rents are decreasing only slightly, if at all. The reason? In spite of lay-offs in some industries and the climate of economic malaise, more people are putting off their first home purchases until they feel more confident in the sales market. And basically, more people keep arriving in New York and they need to live somewhere. Nonetheless, in some areas of town rents are falling. For example, they’re down 9% in Chelsea. Full article here.


About Me

Michelle Erfer is a licensed Real Estate Salesperson in New York City.
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