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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

#61

Earlier quoted context omitted.

Chicago, DC, Boston, SF, Philly (depending on "international"), Portland (walkable but not really international - it's just 90s-2000s white Americans doing 90s-2000s white American stuff, you'd think Kurt Cobain still roams the earth) Though if you want affordability, that leaves Chicago and Philly. NYC sucks in that sense though, as a lot of industries that are conglomerated in NYC haven't ensured salaries keep up w…

Miami? I was impressed with Miami when I visited. Lots of high rise residential housing, sane political governance, nice downtown, and pretty walkable.

It's almost impossible to use public transit outside of Brickell.

Miami-Dade is very sprawly, like Los Angeles.

This is unsurprising as Miami is a relatively new city that expanded post-WW2, like LA.

The cities I listed above were already fairly high density before the automobile was invented

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#62

For an $1,100/month apartment in NYC, a $15k fee is worth it, even if you have to take out debt for it.

For real. That's almost free by NYC standards. Even if I wanted to move out I would keep renting so that I could let family use it or something. Plus, if historical trends on rent stabilized units are anything to go by, it will only get better. Honestly, I don't mind brokers. I think many people feel wronged by them because of huge bills for little perceived work, but they're not exploiting any monopolies or regulati…

[deleted]

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#63

Earlier quoted context omitted.

I lived in NYC for 8 years in a rent-stablized APT in the lower east side, my rent was I was able to get the apartment by subleasing someone else in apartment in the building. I always paid my rent on time, and caused no issues for the landlord (parties, etc). When a new apartment opened up, I was giving first dibs.

This doesn't answer how you got the apartment, which is invariably either luck, knowing someone, or having rich parents (in which case you can buy one of those income-controlled units that make zero sense for anyone except a nepo-baby -- e.g. need to earn I also had a time in a rent-stabilized apartment in NYC (East Village, probably not far from yours) and the answer of how I got it: luck. It happened to be availabl…

read the last paragraph ...

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#64
post #6

I 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

> Nyc is the worst

I love NYC. I don't mind going into Boston or such for the day, but there's nothing like NYC on east coast. It's fantastic.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#65

Rent control fundamentally cannot work, which is why it never works. Malicious noncompliance is a red herring.

Rent control ideally wouldn’t need to exist. But since no one is fucking building anything - you need it to prevent landlords from just extracting more money from the pockets of laborers without having done any labor themselves.

My landlord didn’t provide any more utility this year even though they jacked up my rent $1000/month this year. Nothing about my place got any better and I’m not getting anything out of it. They’re doing it purely to extract money from me because they know no one else is building and we just had 150k+ migrants move into the city to compete for a fixed supply.

End of the day, landlords don’t deserve more money and I don’t know why anyone here argues for it. It’s like you want bezos to have even more money - it’s super weird.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#66
If landlords are scum the brokers can be dragged out to the street and shot.

If a politician wanted to score major brownie points, breaking the broker cartels would be a major win.

Put up with this sheisse in Boston. First, last, security, and broker fees. It's the reason I left the east coast and never looked back.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#67
post #6

I 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

> Nyc is the worst I love NYC. I don't mind going into Boston or such for the day, but there's nothing like NYC on east coast. It's fantastic.

I think he meant "the worst" in the same way that Britta is the worst.

This kind of reflexive defensiveness by some New Yorkers feels annoying to the rest of us

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#68
A broker’s fee for an apartment? I’ve never seen that. I own a house now, but when I used to rent, the process was to visit the websites of local well known management companies, pick a few apartments you like, and have the manager show each to you. Then you pick one and apply. Why are people injecting the expense of a broker into such a simple transaction? And the renters are the ones paying?

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#69

Earlier quoted context omitted.

Chicago, DC, Boston, SF, Philly (depending on "international"), Portland (walkable but not really international - it's just 90s-2000s white Americans doing 90s-2000s white American stuff, you'd think Kurt Cobain still roams the earth) Though if you want affordability, that leaves Chicago and Philly. NYC sucks in that sense though, as a lot of industries that are conglomerated in NYC haven't ensured salaries keep up w…

Miami? I was impressed with Miami when I visited. Lots of high rise residential housing, sane political governance, nice downtown, and pretty walkable.

IIRC Miami was the worst on a list put together by CityNerd of large cities with a high (housing+transit)/income ratio. I can't access YT at the moment so feel free to correct.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#70

Earlier quoted context omitted.

I lived in NYC for 8 years in a rent-stablized APT in the lower east side, my rent was I was able to get the apartment by subleasing someone else in apartment in the building. I always paid my rent on time, and caused no issues for the landlord (parties, etc). When a new apartment opened up, I was giving first dibs.

This doesn't answer how you got the apartment, which is invariably either luck, knowing someone, or having rich parents (in which case you can buy one of those income-controlled units that make zero sense for anyone except a nepo-baby -- e.g. need to earn I also had a time in a rent-stabilized apartment in NYC (East Village, probably not far from yours) and the answer of how I got it: luck. It happened to be availabl…

You're exactly right. The alternative to a market is usually corruption.

My local university offers housing for grad students. At least 50% is unoccupied at any time because there is no pressure for them to fill units. That would just be more work. So getting one is tricks and favors.

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