How bidding wars for rentals work, and ways to deal with the competition

… Bidding wars for rental apartments are a sign of the competitive nature of the New York City … renter to increase their offer Other landlords or brokers will submit multiple applications at once  You can … One other factor to consider is what the apartment is worth to you Recognizing that continuing your apartment …

By Brick Underground |April 10, 2026 - 9:30AM
NYC landlords want tenants who earn 40 times the monthly rent. Here are 7 workarounds

… With median rents continually hitting new records   its harder than ever for many New Yorkers to meet the steep income requirements generally expected by … prefer renters who earn an annual salary of 40 times the monthly rent and have good credit For example if you and any …

By Jennifer White Karp |December 30, 2025 - 9:30AM
New landlord: 10 tips if you're renting out a NYC apartment for the first time

… Becoming a landlord can provide income to offset the expenses of owning a place in New York … maintenance paymentsbut a lot goes into your role If youre renting out your apartment for the first time you must know … brokers hired by landlords The fee ranges from one months rent to 15 percent of the annual rent so the law …

By Jennifer White Karp |September 30, 2025 - 3:30PM