Understanding net effective rent: Here's how to calculate your real monthly rent

… When you search New York City rental listings you may see the term net effective rent or a … make it difficult to figure out how much money youll be handing over to the landlord each month When landlords offer … like a month or two of free rent to encourage you to sign a lease they often advertise the apartment at the net …

By Jennifer White Karp |March 26, 2025 - 4:00PM
What is a community land trust? How does it help low-income buyers?

… Community Land Trust A CLT holds the land in trust for the community acting as a steward of the property This … for residents of East New York and Bedford Stuyvesant In a statement to the media announcing the funding Jeffries … site that facilitates affordable housing lotteries in new rental developments also manages a similar process for

By Jennifer White Karp |February 25, 2025 - 2:00PM
What is a rent-impairing violation for a NYC apartment?

… barred from collecting rent under the Multiple Dwelling Law Landlords who need approval from the HPD before making … building and how to get your landlord to make repairs … What is an example of a rentimpairing violation … Some … such as structural defects or busted fire escapes if you dont know what to look for You can check out a list of …

By Celia Young |January 3, 2025 - 1:30PM