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.
Here, in full, are the week's top stories.
Neighborhood Central Harlem East Harlem Hamilton Heights Harlem Hudson Heights Inwood Manhattan Valley Morningside Heights Mt Morris Park Sugar Hill Washington Heights West Harlem Upper West Side Upper East Side Upper Manhattan Midtown West Midtown East Downtown Battery Park City Central Village Chelsea Chinatown Civic Center East Village Financial District Flatiron Gramercy Park Greenwich Village Little Italy Lower East Side Lower Manhattan Murray Hill Kips Bay Noho Nomad Soho Tribeca Union Square West 30S West Village Brooklyn Bay Ridge Bedford Stuyvesant Bensonhurst Boerum Hill Brooklyn Brooklyn Heights Bushwick Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Wd Crown Heights Ditmas Park Downtown Brooklyn Dumbo Dyker Heights East Flatbush East New York East Williamsburg Flatbush Flatlands Fort Greene Gowanus Greenpoint Greenwood Manhattan Beach Midwood Park Slope Prospect Heights Prospect Lefferts Prospect Park South Prospect-Lefferts G Red Hook Redhook Seagate Sheepshead Bay South Slope Sunset Park Vinegar Hill Weeksville Williamsburg Williamsburg N Side Windsor Terrace Queens Astoria Belle Harbor Briarwood Corona Elmhurst Far Rockaway Flushing Forest Hills Forest Hills Garden Forest Hills Gardens Howard Beach Hunters Point Jackson Heights Kew Gardens Long Island City Rego Park Sunnyside Bronx Bedford Park Bronxdale Concourse Concourse Village Fieldston Fordham High Bridge Kingsbridge Marble Hill Morrisania Mott Haven North Riverdale Norwood Riverdale Soundview South Riverdale Spuyten Duyvil University Heights Westchester Square Locust Valley Long Beach Upper Brookville
Price up to $500,000 up to $750,000 up to $1,000,000 up to $1,250,000 up to $1,500,000 up to $2,000,000 up to $3,000,000 up to $5,000,000 up to $6,000,000 up to $7,000,000 up to $8,000,000 no maximum
Bedrooms studios or at least 1 bedroom at least 1 bedroom at least 2 bedrooms at least 3 bedrooms at least 4 bedrooms 5 or more bedrooms
Bathrooms at least 1 bathroom at least 1.5 bathrooms at least 2 bathrooms at least 2.5 bathrooms at least 3 bathrooms at least 3.5 bathrooms 4 or more bathrooms Presented by
I won a $908 studio in Long Island City in NYC's housing lottery, but I didn't count on the culture shock
What is the tenant blacklist and how serious is being on it?
5 things you really need to know about your NYC radiators
Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws
Buying a NYC brownstone? Here are 10 things to consider
And from this week’s sponsors:
Here’s how much it costs to gut renovate a 1,000-square-foot Upper West Side co-op [sponsored] How to pick the best New York City suburb: Commute, taxes, lifestyle, and more [sponsored]