A victory for NYC renters! Broker fees are now BANNED in New York State. Due to a recent interpretation of the previously passed Housing Stability and Tenant Protection Act of 2019, regulators have determined that any fees charged to tenants, above the allotted $20 application fee, is illegal. Therefore, any sort of broker compensation, may only […]
Rental Concessions are monetary incentives offered by a landlord to their tenants. Concessions are typically offered to attract potential tenants to rent properties. These benefits typically come in the form of a free month’s rent, discount to the net effective rent, and/or other waived charges, such as amenity fees or third party services. In fact, […]
A no fee apartment, also known as a feeless apartment, is one in which a renter/tenant is not required to pay any additional fees in order to secure an apartment. For example, if a renter named Erica is interested in renting a $2,000 with a fee, she may pay up to $3,600 in broker fees, […]
feeless® | NYC Apartments | No Fee In the wake of our ever expanding technological boom, countless companies have claimed to be offering the “next & best” or even the “revolutionary” approach to real estate. While very few have actually upheld any of their guarantees, most are merely ambitious smoke in mirrors. With the likes […]
Apartments, Rooms & Sublets | No Fee | NYC feeless is emerging as the future marketplace of real estate. Stay tuned for exciting news to come! In the meantime, check out perks
“Everything you need to know about living in micro apartments in NYC, from where micro units are being built to how to design for small apartments.” Check out this post from Curbed!
Decorating ideas to get the most out of any space In a city filled with endless excited, wonder and awe, sometimes bedroom size is the one thing that needs to be, well, less. Think your home is too small? Having a well-designed space is crucial to feeling at home in your surroundings, but even more […]
2018 marks the entrance of the world’s first real estate crytpocurrency. A startup in California, Aperture Real Estate Ventures, launched a real estate-backed cryptocurrency this February. The company states it gives investors an “opportunity to own a professionally managed portfolio of real estate assets via the blockchain.” When an investor buys their so-called Property Coin, the […]
Bad news for buyers… If you bought a Manhattan apartment in 2008, indicators show it may have been a poor investment. Multiple data outlets show the median price of a Manhattan apartment is up approximately 20% from 2008. However, Crain’s reported, that investment had an annualized return of 1.8 percent (excluding closing costs, taxes, maintenance […]
What if we told you (yes, you) there’s a way to secure a spacious, luxurious apartment in a prime New York City location, for a fraction of market rate. You can lock down these pads at a massive discount via the NYC Housing Lottery. How do I apply? Interested renters should apply through NYC Housing […]
