Why you might end up needing a guarantor next time you rent a NYC apartment

… If you follow the NYC rental market at all  you know that prices continue to go up … Ellimans September market report the median price for rents in Brooklyn Manhattan and Queens is nearly $3500 … 80 times the monthly rent to legally agree to pay the rent should they default When you compare it to even two years …

By Lucy Cohen Blatter |October 14, 2015 - 9:59AM