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What's going on at Bedly co-living, how to buy a NYC apartment as an investment, & more

By Jennifer White Karp | August 9, 2019 - 1:00PM 

This week, readers were interested in learning about buying an apartment as investment opportunity. Recent reforms in New York’s rent laws mean that you’ll need to weigh the cost of property ownership with more caution. 

The new rent laws also have consequences for foreign students looking for an apartment in NYC who typically lack U.S. credit and a steady income. In the past, they could give landlords more money upfront, but that’s no longer allowed.

Here, in full, are the week’s top stories.

1) What went wrong at Bedly and what co-living renters there can do now

2) Want to buy an investment apartment to rent out? Here's what you need to know

3) Here are the NYC apartments for sale with the deepest price chops in July

4) From abroad and studying in NYC? How to land a rental

5) Renovating a fixer-upper in NYC? Here’s what you need to know [sponsored]

Jennifer White Karp

Managing Editor

Jennifer White Karp 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 NYC real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC. She holds a B.A. from Wesleyan University and an MFA in nonfiction writing from the New School.

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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