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Renting as a retiree, moving in with a partner, & more

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By Jennifer White Karp  |
January 19, 2024 - 2:30PM
Snowy day in Roosevelt Island

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This week, readers were curious about a retiree’s experience with the rental market. Despite having a hefty IRA account, she couldn’t get agents to respond to her request to see apartments—why?

Turns out, money in the bank isn’t good enough for many New York City landlords. The thinking is it could be wiped out in an emergency or through careless spending. Our experts had some suggestions for how to to satisfy a NYC landlord’s requirements including getting a guarantor.

Also of interest: Moving in together meant taking their relationship to the next level and getting a much better deal on rent for this couple.

Here are this week's top five posts:

1) Housing lottery launches for 198 apartments in the Bronx

2) Housing lottery launches for 139 apartments at a new development in Coney Island

3) I’m a retiree with $360,000 in my IRA. Why won’t rental agents call me back?

4) From Greenpoint to the UES: I moved in with my girlfriend and I'm saving money on rent

5) Why we moved to NYC from Pittsburgh: Our daughter was relocating for work and we opted to experience the city together

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Jennifer White Karp

Managing Editor

Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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