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help interpreting email from broker

Started by newguy97
over 17 years ago
Posts: 46
Member since: Feb 2009
Discussion about
I emailed a broker to ask for subletting policies of an apt, and I don't really understand his shorthand, can someone interpret? "Sublet policy is live for 2 and rent for 2 Only O/H "
Response by kmbroker
over 17 years ago
Posts: 116
Member since: Jan 2008

after living in the apartment for 2 years you are allowed to sublet for 2 years

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Response by newguy97
over 17 years ago
Posts: 46
Member since: Feb 2009

What does O/H mean?

So 2 years is the longest i can sublet no matter how long i live there?

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Response by alanhart
over 17 years ago
Posts: 12397
Member since: Feb 2007

What oldbroker said, plus "I have such poor communication skills that it will be a nightmare to deal with me on a go-forward basis", plus "you'll never figure out the 'Only O/H' part ... once per hour?"

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Response by KISS
over 17 years ago
Posts: 303
Member since: Mar 2008

Based on my old bldg's sublet policy (which I wrote): You must have lived there a min of 2 yrs, then you can sublet a max of two years, and only on a one-time basis, i.e. no serial sublets. O/H = 1x/household.

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Response by alanhart
over 17 years ago
Posts: 12397
Member since: Feb 2007

Seriously? Not even 2 on, 2 off, 2 on, 2 off, etc.?

When do the forced sales begin?

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Response by NYCMatt
over 17 years ago
Posts: 7523
Member since: May 2009

"Based on my old bldg's sublet policy (which I wrote): You must have lived there a min of 2 yrs, then you can sublet a max of two years, and only on a one-time basis, i.e. no serial sublets. O/H = 1x/household."

That is our building's policy too -- and most likely what the broker meant.

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Response by KISS
over 17 years ago
Posts: 303
Member since: Mar 2008

That was the stated policy in my bldg. We also wrote in a hardship exception, e.g., job relocation, divorce, etc. This was back in the early 90s, and we had one sublet I can recall where we permitted a hardship exception.

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Response by NYCMatt
over 17 years ago
Posts: 7523
Member since: May 2009

"Seriously? Not even 2 on, 2 off, 2 on, 2 off, etc.? When do the forced sales begin?"

Yes. SERIOUSLY.

If you don't like the building's policy, buy in another building. Or buy a condo.

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Response by alanhart
over 17 years ago
Posts: 12397
Member since: Feb 2007

And the forced sales, MainlandMatt?

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Response by NYCMatt
over 17 years ago
Posts: 7523
Member since: May 2009

Only in your dreams, Jersey Boy.

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Response by aboutready
over 17 years ago
Posts: 16354
Member since: Oct 2007

alanhart, that's a serious insult. really serious. i doubt Matt was aware of it, but still.

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Response by tandare
over 17 years ago
Posts: 459
Member since: Jun 2008

alanhart - loved your interpretation of the answer.

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Response by alanhart
over 17 years ago
Posts: 12397
Member since: Feb 2007

Only in my memories. And I'm a native Manhattanite, thanks.

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