A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
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Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#2How is that legal?
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#3Rent control fundamentally cannot work, which is why it never works. Malicious noncompliance is a red herring.
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#4What does one have to do to secure a $1100 a month apartment in NYC?
I'm sure everyone else wants it.
Get drawn from a rental lottery at random? Offer your first born child? Supplement your rent with sexual favors to the landlord?
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#5Rent control fundamentally cannot work, which is why it never works. Malicious noncompliance is a red herring.
It can and does work in many places. Whole cities like Stockholm mostly consist of rent-controlled apartments which have same rents paid since WWII era, which now amount to almost nothing. It creates awful social distortions and indirect costs, but it certainly does work.
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#6I thought this seemed fair till i read it was in flushing. Nyc is the worst, but, if you’re American where else can you get a city that international and walkable
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#7Rent control fundamentally cannot work, which is why it never works. Malicious noncompliance is a red herring.
It can and does work in many places. Whole cities like Stockholm mostly consist of rent-controlled apartments which have same rents paid since WWII era, which now amount to almost nothing. It creates awful social distortions and indirect costs, but it certainly does work.
> It creates awful social distortions and indirect costs, but it certainly does work.
I don't think this meets the criteria most would consider “working”.
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#8How is that legal?
If it weren't legal, we'd instead just see deals like this go to friends/family of the owner, or the payment would be under-the-table instead of an upfront broker's fee.
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#9Gothamist: "The page you're looking for doesn't appear to exist. Please check out our latest stories below."
Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K
#10What does one have to do to secure a $1100 a month apartment in NYC? I'm sure everyone else wants it. Get drawn from a rental lottery at random? Offer your first born child? Supplement your rent with sexual favors to the landlord?
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