Raising Rent (Tenant)
Started by SL2700
about 14 years ago
Posts: 1
Member since: Mar 2012
Discussion about
I live in the Murray Hill/Kips bay area and my rent recently increased 13%, what are some ways i can negotiate with the mgmt company to obtain a decrease?
Research what rents in your vicinity currently are & then present these findings to your LL if you find that a 13% increase is too much. Good luck & let us know how it goes.
Skip the research -- it's a waste of time.
Landlords aren't stupid -- they know what other rentals are going for. The fact of the matter is, they want more money from you. You don't want to pay more money. You are free to make a counter-offer, but unless you're ready to pay the full 13% increase, I suggest you start looking for a new place. With rental vacancies below 1% in this city, the market is in their favor right now.
You can always counteroffer. The worst that happens is they say no. Then you decide whether to stay or not.
these seem to be the new popular thread
were you paying below market before the increase?
where is inonada? he needs to teach this guy about the shitlist. interestingly, murray hill is a soft spot in the market. i'd counter hard.
What are some ways?? Easy, pick up the phone and counteroffer.
Columbiacounty uses a manure list.
Try this place, this guy can't rent his apartment. He's dropping the rent
http://streeteasy.com/nyc/talk/discussion/30231-rental-at-460-east-79th-street
Previously Listed by Corcoran at $3,500.
03/02/2010
Corcoran Listing is no longer available. Last priced at $3,150.
10/20/2011
Listed by Corcoran at $3,950.
11/09/2011
Price decreased by 6% to $3,695.
12/01/2011
Price decreased by 3% to $3,595.
01/14/2012
Price decreased by 4% to $3,450.
02/13/2012
Price decreased by 6% to $3,250.
great idea.
Can't rent in the east 30s that are possibly convenient to where you work?, ... move to 79th and York, a 20 minute walk to the subway.
sl2700, this is the problem with renting. If you are willing to move, you can find better rent but most people do not like to move.
300, if you don't move, then you don't have an opportunity to create a "shitlist"
As with any negotiation, rent or buy or anything for that matter, your best bet is to go into it with alternative options. Is there some place you'd rather move to at that same price?
sl2700, one thing you can check by giving $20 to a friendly doorman is the number of apartments vacant in the building. If the vacancies are very few, the management company has no incentive to negotiate with you. I am assuming you live in a large building with some company owning all apartments.
Or you could slip $20 to the doorman, only to have him say, "Thanks, but how the fukk am I supposed to know which apartments are vacant? Call the management company."
Wow, doormen in your buildings must be jerks.
NYCMatt
26 minutes ago
ignore this person
report abuse Or you could slip $20 to the doorman, only to have him say, "Thanks, but how the fukk am I supposed to know which apartments are vacant? Call the management company."
The doormen know.
why
Well, a doorman has responsibilities for building access, and it so would be hard for a doorman not to know.
Do they have doormen in Columbia County?
why
I have been in this situation before and yes they can raise your rent X% legally in a regular lease.
Try to offer a 5% increase. Remember to find the price your willing to settle at and calculate the cost of the move and the time and effort involved.