This week, readers visited Brick Underground to get a grasp on how the new rent law is impacting would-be co-op buyers. A limit on security deposits is being interpreted as also prohibiting co-ops from asking buyers without deep pockets to put months of maintenance fees in escrow.
Also of interest: A breakdown of what you should think about when buying a brownstone in New York City—you'll have to put much more time and energy into maintaining a brownstone than you would a co-op or condo. Consider yourself warned.
Austin Havens-Bowen covers the rental market. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies.
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