Not this kind of llama
New York is quickly gentrifying, and one way that people avoid displacement is through protected leases (like rent stabilized or rent controlled apartments). An even better way is through ownership, but long before property values in an up-and-coming neighborhood skyrocket, it’s still relatively expensive to own a home on a single 9 to 5 salary.
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Today’s NY Value/lesson: how much do I need to have saved to buy an apt in NYC? Because it’s different than what you need to purchase a home in, say, rural VA where I’m from. You can’t just plop down $30k in cash and close 3 weeks later with no agents or lawyers involved. Here’s the basic rundown of what you will need for different types of purchases.
Read MoreIn both of my real estate trainings I have been told to ignore the news, lest it distract me from my mission and take me out of my “peak state.” I understand the theory behind this, but I think it’s crazy how many agents are disconnected, or, by getting their news only from real estate publications, have a very warped view of what is actually happening.
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It’s increasingly likely that Amazon is will pull out of its plans to move a campus to Long Island City. The company expected to be greeted with open arms and a populace/government that would be excited. Instead it has been met with anger and frustration, culminating in passionate speeches by lawmakers and protests by LIC residents.
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This seems like the type of apartment that would be in a rental startup ad
I’m going to clarify something I’m often asked about regarding different real estate companies. Zillow and Redfin may seem similar, but they are completely different types of companies. Meanwhile, many of the new rental-related startups in NYC are actually more similar to Redfin in their business models than Zillow. Confused? I’ll break it down.
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Harlem, because Harlem has a huge number of rent stabilized apartments
I am still in the midst of my DHCR complaint (sent in a 76 page answer last week) and will tread lightly rather than give too many details before it is resolved, but I want to share my multitudes of experience with you, because not everyone has time to go all “A Beautiful Mind” on housing law.
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Today I’m writing something short and practical for all you renters out there, about your rights as a tenant if your landlord sells the building/apartment in which you live. It may also be helpful for anyone who owns and sublets/is considering renting out their place.
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There are 23 countries with programs that give you a green card or passport or some form of residency in exchange for financial investment in said country. Meaning, if you go ahead and invest right now (and jump through all the legal hoops), you’ll be living it up on the beach in no time. Or months. Or, in the case of NZ, four years.
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It’s that time of year we focus on giving back to those less fortunate than us. It’s when we come together in our families and communities and give thanks for all that we have. So, in honor of all these things, I’m writing about NYC’s FREE sexual health and housing resources for those who need them, especially pregnant women and infants.
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For a lack of heat or hot water 311 will reach out to the landlord IMMEDIATELY to make sure it gets fixed within 48 hours. For situations like mice, leaks, work without a permit, or a landlord who isn’t making required repairs, you can file a complaint and they will, eventually, send someone out to validate it and slap the owner with a violation.
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