Most Popular Posts

Prospect Heights housing lottery, decoding a lease, & more

image
By Jennifer White Karp  |
November 3, 2023 - 2:30PM
Central Park in New York

iStock

This week, readers were interested in a new housing lottery that opened in Brooklyn. Every Thursday, Brick features a different lottery with instructions on how to apply. Housing lottery apartments are typically in brand new rental buildings with multiple amenities. Lottery units are rent stabilized, so rent increases are capped and renewals are automatic—making it a big deal to land one of these.

Also of interest: A reader signed a lease that says the tenant is responsible for damage to the windows or doors—period. Brick explains why such broad language could signal an owner trying to shirk their responsibility.

Here are this week's top five posts:

1) Housing lottery opens for 40 apartments in Prospect Lefferts Gardens, Brooklyn

2) My lease says I’m responsible if the windows or door lock breaks while I’m a tenant. Is that fair?

3) 6 things you really need to know about your NYC radiators

4) Boards prepare to hike maintenance fees and common charges next year

5) Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

image

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.

topics: