3 ms·
Just to hammer home the point: NYC has rent stabilization, which applies to about 50 percent of the rental stock. The rent can't go up more than a certain amo
by mancerayder 4y ago
Just to hammer home the point: NYC has rent stabilization, which applies to about 50 percent of the rental stock. The rent can't go up more than a certain amount, one must renew with the tenant with few exceptions, etc. Now, not surprisingly these units are offered by real estate brokers who demand steep fees, and guess who gets first dibs, but brokers and their friends/families.
- standardUser 4y agoMost rentals in NYC no longer work with brokers, especially in the low-to-middle range.
- mancerayder 4y agoOn what basis do you say that? The Fee rentals have all returned when the laws banning them were re-interpreted. When you say low to middle range, do you include rent-stabilized units in moderate to hot neighborhoods?
- standardUser 4y agoOn the basis of living in Manhattan and knowing a ton of people who have moved places over the last few years, including myself. Also, just go look at StreetEasy.