Rental at 15 West 116th Street
Started by FirstTimeBuy
almost 9 years ago
Posts: 0
Member since: Mar 2017
Discussion about 15 West 116th Street #9D
This listing contains false information and is misleading to potential renters. The application for this apartment is part of a special middle income program of NYC. The leasing agent is seemingly not proficient in the application process and has listed the max income as $240,000. This is incorrect. For potential renters, in an effort to save your time and money please note the following (as per... [more]
This listing contains false information and is misleading to potential renters. The application for this apartment is part of a special middle income program of NYC. The leasing agent is seemingly not proficient in the application process and has listed the max income as $240,000. This is incorrect. For potential renters, in an effort to save your time and money please note the following (as per the HDC): "According to the Regulatory Agreement, a Household’s annual income, as certified and verified prior to initial occupancy, cannot exceed either the lesser of: 1) 250% of Area Median Gross Income, currently $ 226,500 or 2) 7 times the annual gross rent of such Unit, where there are one or two households member or 3) 8 times the annual gross rent of such Unit, where there are three or more persons. According to HDC’s calculations, the maximum income level for this household is $200,088"******** [less]