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 … amount called the gross rent This can make it difficult to figure out how much money youll be handing over to the landlord each month When landlords offer concessions like a month or two …

By Jennifer White Karp |March 26, 2025 - 4:00PM
The best way to find a rental in NYC: 15 tips for apartment hunters

… are strategies you should brush up on to track down the best deal and to avoid rushing into a lease  and regretting … that has been on the market longer than normal more than a week in a competitive market and more than a month in a slow … can legally sublet their apartments  for a minimum of 30 dayseven if their lease says otherwiseso long as certain …

By Jennifer White Karp |February 3, 2025 - 10:45AM
NYC neighborhoods with the highest shares of concessions for renters

… with concessions Lee said … Neighborhoods with the highest shares of rental concessions …   Neighborhood Borough Share of rentals with concessions Share of rentals in buildings constructed since 2010 Median …

By Jennifer White Karp |January 15, 2025 - 2:30PM
The question everyone's asking: When will NYC rents go down?

… Long waits by dozens of people to view tiny apartments that go toas part of our summer  Best of Brick week Lets start with whats keeping rents high Lots of demand and few available … rates alone Miller says As the cost of borrowing rises so does the cost of buying That means people who might have

By Emily Myers |August 23, 2022 - 9:30AM