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New rules for the tenant blacklist, an obstacle for NYC co-op buyers, & more

By Austin Havens-Bowen | October 25, 2019 - 2:00PM 

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.

1) I won a $908 studio in Long Island City in NYC's housing lottery, but I didn't count on the culture shock

2) What is the tenant blacklist and how serious is being on it?

3) 5 things you really need to know about your NYC radiators

4) Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws

5) 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]

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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