Archive for the 'Information' Category

“Not a Dive After All” via the NY Times

NY times not a dive pictureAnother lead story on rentals this past weekend in the New York Times real estate section. This one’s about first-time renters and the affordable apartments that can can be found for less than $1000 per tenant. Not only in far-flung neighborhoods like Washington Heights and Sunset Park, but also on the Upper East Side and Park Slope. The best thing is that these apartments are nicer than ever before, with dishwashers, windowed bedrooms and charming exposed brick walls. Real the full article HERE. Picture is also via the Times. Looks like these ladies scored a sweet place!


Curbed Coverage of Rent Regulations Board

Issues of rent control and rent stabilization are controversial and downright contentious. It’s a thorny problem, so I hesitate to post about them much. I lived in a rent stabilized unit for a few years, but I also know some small-time landlords who are struggling financially as much as their tenants right now. Regardless, I know people are interested in this issue so I’ll point you to the coverage that can be found HERE.

Will Tenants Join Landlords to Fight Property Taxes?

Via the NY Observer:  There are proposals afoot to change the NY State property tax laws.  Currently, the property tax burden is not equally shared among all residents of NYC and it is single family home owners that pay the least relative to the amount of space they occupy. Owners of multi-family buildings would like to make tenants aware of the percentage of their rent that goes toward property taxes, “maybe we ought to insist to our owners, when they send their rent bill to tenants, state, like ConEd does, only in much bolder print, that 20 percent of your rent is going to the City of New York in taxes” and see if they can possibly enlist tenants in the fight for a more equitable tax structure.  I do worry that media coverage of these issues is a tricky thing and I would urge you to do your own research about the reality of taxation in the city before drawing firm conclusions.

See this post for earlier coverage of the tax burdens of renters

More Coverage of the Landlord Renegotiation Phenomenon

New York Magazine asks if right now is the time to negotiate with your landlord. Read about it HERE.

I’ve been covering this question for some time: HERE, HERE and HERE

Rental Q&A via the NY Times

“The Rights of Condo Renters”

“Common Charges and Tenants”

“How to Reduce Your Rent” via the WSJ

Clicking around today on Curbed, I came across a link to an awesome letter that a Wall Street Journal blogger wrote to her landlord when they received a lease renewal with an increase this past winter.  How did the blogger get a $300 rent reduction? By writing a rational, well-researched letter. She spoke to recent arrivals in her building to find out what they were paying, checked out Craigslist, cited articles in the newspaper and in the end was happy with her savings.

WNYC Radio Report on Rentals

radio1Listen HERE to‘s editor Lockhart Steele discussing the rental market, including the issue of negotiating with your landlord or moving out into a more affordable unit. There’s a lot of great stuff as readers share their experiences in the comments section.

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