How to break the lease for your NYC rental apartment

… When you sign a lease for a New York City rental apartment its essential to understand that you are … as theres no lost rent you may be fine said Rory Bolger a broker at Brown Harris Stevens For instance a larger … your lease has a leasebreak policy you may face additional fees for cleaning or painting costs One argument against …

By Evelyn Battaglia |June 16, 2025 - 10:30AM
New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… Some New York City renters could gain a path to buying their apartments under … state budget last month The budget lowers the number of renters or wouldbebuyers that would need to agree to convert … buildings can convert those properties into condos if  just 15 percent of tenants or qualified buyers agree to buy …

By Celia Young |May 22, 2025 - 10:30AM
Senior housing lottery launches for 73 rent-stabilized units in East Elmhurst

… Housing lottery applications are open for 73 rentstabilized apartments for seniors at a new development … with  Tenants will pay 30 percent of their income towards rent and must qualify for Section 8 to be selected for a … who is 62 years old or older  The sevenstory building at 3214 111th St has a recreation room package lockers security …

By Celia Young |March 13, 2025 - 12:30PM
Zohran Mamdani wants more union-built housing and to expand rent stabilization in NYC

… Queens Assembly member Zohran Mamdani has ambitious plans for building 200000 new housing units in New York City For current NYC tenants he wants to make the city more effective at … the next 10 years and this will be in tandem with zoning changes that we will pursue that are part of a comprehensive …

By Celia Young |March 3, 2025 - 3:30PM
Brad Lander pitches homesharing and co-ownership for city workers to ease the housing crisis

… New York City Comptroller Brad Lander bought an apartment with his wife in the 1990s for … make affordable homeownership possible for all New Yorkers Lander is one of the many candidates running for NYC mayor … to do it Brick Underground caught up with Comptroller Brad Lander last week to talk about how hed tackle housing if he …

By Celia Young |February 24, 2025 - 3:30PM
My NYC landlord charges $75 if the rent is three days late. Is that OK?

… for your landlord to charge you any late fee unless your rent is more than five days late under state law Late fees are capped at $50 or 5 percent of your monthly rent whatever is less and can only be imposed after five … Act a landmark series of rent reforms passed in 2019 Editors Note Realty Bites tackles your NYC rental …

By Celia Young |February 19, 2025 - 3:30PM
How I won a two-bedroom apartment for $3,500 through NYC’s housing lottery

… in Clinton Hill Her new place is $3500 per monththe same rent they paid for a previous one bedroom that was half the … ago but it didnt work out because my thenpartner and I werent living together That also showed me it was possible to … size of our last apartment in Clinton Hill Now were about 10 minutes away but still in Clinton Hill Im really happy …

By Celia Young |February 17, 2025 - 3:00PM