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Please help me negotiate - same apt higher floor now available for same rent

Started by OntheSideline
about 17 years ago
Posts: 29
Member since: Aug 2008
Discussion about
We are in a 3 year lease with 2 years left. Another apt in our same line has just become available 4 floors higher, the asking rent is exactly the same as what we are paying. Assuming we are interested in it, how would you suggest we approach the landlord? It is annoying because we are confident the landlord would be willing to take less than what he is asking and it reminds us of how much we are now overpaying for ours. Should we ask to swap without offering any more? In other words, we are likely to renew our lease in 2 years anyway, so should we offer to add another year as an incentive to the landlord? I know that trying to renegotiate our own rent is unrealistic. What's the best way of getting the other apt?
Response by ba294
about 17 years ago
Posts: 636
Member since: Nov 2007

let me ask you a question. If the rent actually went up in the neighborhood, is it fair for the landlord to increase the rent, though you have a 3 year lease?

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Response by ba294
about 17 years ago
Posts: 636
Member since: Nov 2007

If you know you will be staying there for 3-5years, ask him you'll leave another month of security and extend the lease by another year. Ask him to lower your rent by 2x the amount you were thinking of.

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Response by OntheSideline
about 17 years ago
Posts: 29
Member since: Aug 2008

Sorry, I don't understand your last sentence "Ask him to lower your rent by 2x the amount you were thinking of.". I want the other apt. To be clear, I am willing to pay what he is asking assume its 8K, the same as what I currently pay - -what are you suggesting? thanks

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Response by drdrd
about 17 years ago
Posts: 1905
Member since: Apr 2007

I would say that you're not in a great position because the landlord has already freshened the upstairs apartment; if you move into it, then he'll have to freshen yours. If you were s/he, what would you say?

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Response by OntheSideline
about 17 years ago
Posts: 29
Member since: Aug 2008

That's true but what difference does it make if he has to freshen mine up now or later. If anything, wouldn't he rather do it now when there is less wear and tear. Also, since the higher fl has been vacant; he might be better off letting me move into it, and then trying to get mine rented since he could ask less for it because it is on a lower floor. Maybe the lesser price would be more appealing to the market?

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Response by ba294
about 17 years ago
Posts: 636
Member since: Nov 2007

sorry, i misunderstood your post.
Why don't you just stay where you are and ask him to reduce the rent.

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Response by ba294
about 17 years ago
Posts: 636
Member since: Nov 2007

Landlord will reduce if you extend the lease...to lower the rent even further, add another month of security if you have the $

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Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

Why on earth would a landlord lower the rent 1 year into a 3 year lease? Are you people that stupid? Do you think landlords were born yesterday?

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Response by OntheSideline
about 17 years ago
Posts: 29
Member since: Aug 2008

Alpine292 - Any thoughts on how I could induce the landlord to let me swap apts? Ot do you think a landlord would have an issue with the proposal? THanks!

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Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

From a landlord's perspective, I can't think of any incentive for them to consent to the deal. If you wanted to swap to a more expensive, larger apartment, that is soemthing that most landlords would agree to. But doing an even swap does not benefit the landlord. Maybe you can offer an extra month security deposit?

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Response by OntheSideline
about 17 years ago
Posts: 29
Member since: Aug 2008

That's a possibility. Thanks for the insight alpine292.

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Response by bramstar
about 17 years ago
Posts: 1909
Member since: May 2008

I don't think Sideline is asking to lower his/her existing rent, but instead to break his current lease and move into the vacant upstairs apartment.

Sideline - are you certain you would want to make such a move? Sure, the higher floor may have a better view/light, but is it worth the incredible hassle (not to mention expense, if you use movers) of packing everything up, schlepping it upstairs, then unpacking? Just because the move is within the same building does not mean the process won't be just as headache-inducing as if you were moving across the city. Is the higher floor unit THAT much better? Seems like a huge waste of time/energy to me.

Also, remember that such a move would technically require you to break your lease in unit A, and start a new lease in unit B. Your landlord would lose at least a couple of weeks while he updated your current apartment to make it market-ready, whereas the upstairs apartment is ready to rent. Time costs money.

If I were your landlord I'd probably not want to go to the trouble.

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Response by bramstar
about 17 years ago
Posts: 1909
Member since: May 2008

((Maybe you can offer an extra month security deposit?))

What good would that do? That's not money the landlord gets to keep.

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Response by tina24hour
about 17 years ago
Posts: 720
Member since: Jun 2008

Would you take the higher-floor apartment for $200 more per month? You could offer to pay higher than the asking rent - that might persuade him/her...

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Response by cccharley
about 17 years ago
Posts: 903
Member since: Sep 2008

Why don't you just ask. Say you'll sign on for a few more years. Honestly if you are a good tenant he may just let you do it

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Response by samename
about 17 years ago
Posts: 15
Member since: Dec 2008

Higher floors are only worth something if by going to a higher floor your view becomes better, typically you are now over the buildings directly in front of your view. Otherwise, for instance, in Chelsea Stratus, there's no difference between 23 and 25, or frankly between 17 and 37.

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