Tag Archives: NYC rental apartments

What Percentage of Your Income Should Go Towards Paying Apartment Rent?

Income to Rent ratio

In the New York City apartment rental market, what is the appropriate rent/income ratio that is required to be paid by individuals seeking shelter?  Sadly if you’re a renter and gladly if you’re the building owner, market conditions mandate that many in NYC are paying 50% or more of their income for an apartment… And not for […]

Winning Real Estate Bidding Wars, Best Time To Rent An Apartment, Formula For Happiness, Brooklyn’s Biggest Brokers And More!

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Articles of interest that span home buying, apartment renting, law careers and even one that explores happiness through mathematical modeling! New York Times: Bidding Wars in the Suburbs New York Times: How to Win a Bidding War Business Insider: Here’s the best and worst months to rent an apartment in major US cities Science Daily: New equation reveals how other […]

NYC Rental Apartments: How Many Roommates Are Too Many Roommates?

New York City Roommate Law Questions And Answers Given the (exorbitant) monthly rents being asked by building owners for apartments throughout New York City, a common question that frequently gets asked by prospective tenants concerns just how many people are legally allowed to live in any given unit? For some answers, and through the wonders of networking, I was […]