When you're facing an almost 10% hike in rent, you may find yourself asking, should I just buy a place already? Guest broker Michael Weiner of Town Residential counsels a couple facing just such a predicament in this week’s Buy Curious.
THE WISH LIST:
“My partner and I are currently renting a 1-bedroom in the West Village and were just informed that our rent is going to go up $300 when we renew our lease. That will have us paying $3,500 a month. We’re thinking at this rate we could buy something. We’d love to stay below, say, 30th Street, though not necessarily in the West Village. We have about $130k saved up for a down payment. Can we find something where the monthly outlay would be comparable?”
Got $4,800 a month to spend on rent? From a furnished 1-bedroom apartment to a 5-bedroom townhouse (with plenty in between), here's a sampling of what's available to rent across four of NYC's boroughs--Manhattan, Brooklyn, Queens and the Bronx.
Set decorator Christina Tonkin in her Astoria, Queens home
When TV showrunners want to put their characters in chic New York City apartments, they call veteran set decorator Christina Tonkin. If you loved the interiors on “Sex and the City,” “Gossip Girl” and now “The Carrie Diaries,” Tonkin’s eye is the reason.
When she’s not creating dream apartments for TV characters, she works as an interior designer for private and commercial clients as well as an art consultant. For a peek into her own home, read on.
What’s the next cool thing for your New York City apartment? We’ve rounded up a few contenders from designers and entrepreneurs hoping to make their ideas a reality via crowdfunding site Kickstarter. Whether a beautiful and efficient lightbulb, a versatile table leg or a radiator contraption that lets you control your steam heat, these apartment additions were all created to make your home life more livable.
WHO: As well as showing dresses for humans this Fashion Week, designer Christian Siriano has created the clothes for Zarina, the feisty fairy in the new animated Disney film “The Pirate Fairy.” Wonder if cartoon characters also lie about the size they wear. We hope so.
Under examination in this week’s Take It or Leave It is a no-fee $2,795/month Greenpoint 1-bedroom loft with bamboo floors, floor-to-ceiling glass walls and windows, and a private terrace. Our panelists—who together have 43 years of rental experience—are RentHackr founder Zeb Dropkin, freelance writer Lambeth Hochwald, and BrickUnderground’s own senior contributing editor, Lucy Cohen Blatter.
Size: 1 bedroom, 1 bathroom Location: 285 Driggs Ave. between Leonard St. and Manhattan Ave. in Greenpoint, Brooklyn
Cost & concessions: $2,795/month+no broker’s fee Flexible layout: No
Days on the market: 37 days
Subway: G at Nassau Ave.; L at Graham Ave.; G, L at Lorimer St.; Ferry at North 5th St. Ferry landing
Q. My bathroom floor tiles are cracked and old. What's the difference between replacing tiles completely versus tiling over existing tiles, in terms of aesthetics, functionality, price, length of the job, etc.? Also, while we're at it, can wall tiles be replaced?
A. Great question. First off, the two options--replacing tiles or tiling over old ones--may not seem all that different, but when you get into the details, they’re two very different projects. Here’s a rundown of everything you need to know about each method.
The Real Estate Survival Guide for NYC Buyers, Sellers, Renters & Dwellers
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