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Posted by MikeW on February 16, 2001 at 16:03:50:

In Reply to: NYC rent stabilized posted by NYC prospective tenant on February 16, 2001 at 12:58:07:

1) You're probably already too late. An apartment like you're describing will go in minutes.

2) If nothing is signed, the agent may not have any call on you, but there may be a written agreement with the LL, giving the broker rights if someone he shows rents the apartment. In that case the LL wouldn't touch you.

3) I've always suspected, but can't prove that the LL get kickbacks from the fees paid to brokers on rent stabilized apartments. In that case the LL has every reason to make a prospective tenant go through the broker.

: I was shown a great rent-stabilized
: studio apartment in Manhattan. A real
: bargain.

: But the real estate agent was terribly
: rude and aggressive. I didn't want to
: pay his exorbitant fee, so I declined the
: apartment.

: I never signed a contract with the agent,
: nor did he ever show me one. Can I go
: to the building owner and apply to rent
: the apt. on my own, or is that breaking
: an agreement, though none was struck?

: Thanks to anyone who can help me out.

: Valerie

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Comments:
: 1) You're probably already too late.  An apartment like you're describing will go in minutes.

: 2) If nothing is signed, the agent may not have any call on you, but there may be a written agreement with the LL, giving the broker rights if someone he shows rents the apartment.  In that case the LL wouldn't touch you.

: 3) I've always suspected, but can't prove that the LL get kickbacks from the fees paid to brokers on rent stabilized apartments.  In that case the LL has every reason to make a prospective tenant go through the broker.


: 
: : I was shown a great rent-stabilized
: : studio apartment in Manhattan. A real
: : bargain. 

: : But the real estate agent was terribly
: : rude and aggressive. I didn't want to
: : pay his exorbitant fee, so I declined the
: : apartment.

: : I never signed a contract with the agent,
: : nor did he ever show me one. Can I go
: : to the building owner and apply to rent
: : the apt. on my own, or is that breaking
: : an agreement, though none was struck?

: : Thanks to anyone who can help me out.

: : Valerie


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