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Posted by TenantNet on May 26, 1996 at 23:58:58:

In Reply to: Moving to NYC posted by Jean Schara on May 26, 1996 at 18:01:02:

: I'm concerned about fees,
: commissions, rent control, and other terms which appear somewhat
: unique to the NYC area. Are fees and commissions for rental property
: the norm? What does rent controlled mean?

You will not be under rent control since that only applies if you've lived
in the same place since 1971. For rent stabilization, in general (tho there
are exceptions) if the building was built prior to 1974 and is six or more units
and is not a coop, chances are good it's rent stabilized -- a regulatory
scheme that regulates the rate of yearly increases, requires that services
can not be curtailed and provides for limited evictions (usually for good
cause or non-payment). Check the Rights section for info on brokers and fees.
You're right, it's like no where else in the country and it's a war. Maybe
some other readers can provide some tips on what and how to look for a place.
Although we are not an apartment referral service and we don't want available
postings here, certainly tips on what to look for (especially for a non-New Yorker)
would be a worthwhile thread. Although I've never heard of it, you may wish to
investigate the possibility of having a clause put in your lease to allow
you to get out of the lease if you are again transferred. Or maybe the armed
services has a policy on picking up remainder lease terms if they transfer
their personnel.

Follow Ups:

• Re: Moving to NYC Jean Schara 5/27/96 (0)

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Comments:
: : I'm concerned about fees,
: : commissions, rent control, and other terms which appear somewhat
: : unique to the NYC area.  Are fees and commissions for rental property
: :  the norm?  What does rent controlled mean?

: You will not be under rent control since that only applies if you've lived
: in the same place since 1971. For rent stabilization, in general (tho there
: are exceptions) if the building was built prior to 1974 and is six or more units
: and is not a coop, chances are good it's rent stabilized -- a regulatory
: scheme that regulates the rate of yearly increases, requires that services
: can not be curtailed and provides for limited evictions (usually for good
: cause or non-payment). Check the Rights section for info on brokers and fees.
: You're right, it's like no where else in the country and it's a war. Maybe
: some other readers can provide some tips on what and how to look for a place.
: Although we are not an apartment referral service and we don't want available
: postings here, certainly tips on what to look for (especially for a non-New Yorker)
: would be a worthwhile thread. Although I've never heard of it, you may wish to
: investigate the possibility of having a clause put in your lease to allow
: you to get out of the lease if you are again transferred. Or maybe the armed
: services has a policy on picking up remainder lease terms if they transfer
: their personnel.


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