From the category archives:

Renters

One or two year leases? Which should you sign?

by Honeycrisp May 17, 2012

We’re almost upon that time of year when leases begin expiring en masse.  Indeed, 75%+ of leases turn over between April and September, creating a season of angst and uncertainty for even the most seasoned renters.  Like the renewal of life that comes with spring, ‘tis the season when renters either renew their leases or [...]

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Predictions already playing out so soon? Williamsburg market as prime example

by Red Delicious February 16, 2012

If you recall, less than a month ago, we published our 2012 predictions for NYC Real Estate. We knew we were on to something but didn’t realize just how quickly some of these predictions would be playing out. Just today we read in the Wall Street Journal about the plight of would-be buyers stranded by [...]

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2012 in NYC real estate: The year of “eh” with pockets of “wow”

by Honeycrisp January 24, 2012

Interest rates will hit their historical lows in mid-2012:  Yes, the interest rates have been lower for longer than anyone had expected.  When is the bottom going to come?  We’re calling it for mid-2012.  We anticipate that the first half of the year will be dominated by worries of Europe’s and the Euro’s fate, increased [...]

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“Renters’ delight! Concessions galore!”

by Red Delicious January 3, 2012

Boy is it a renter’s market!  What’s not to like about 2-3 months of free rent in condo like properties, and for no fee? You don’t say! … Oh wait, that’s right: that was 2 years ago! Today’s market is a far reach from the bounties that were offered during those golden days.  It’s also [...]

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Our 3rd Annual New York Real Estate Jingle: the 2011 edition

by Honeycrisp December 22, 2011

T’was the night before new years’, and for the third year in a row New Yorkers relaxed with a glass of Bordeaux. ‘not that real estate blossomed or soared to new highs Nor that our dear economy was back on the rise. No, this complex and sweet oenological treat Comes from having merely avoided defeat. [...]

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Whether bull or bear, are you prepared accordingly?

by Honeycrisp December 14, 2011

It’s hard to tell nowadays which end is up.  One day we’re headed towards economic Armageddon and the next day we hear of steady growth and inflation threats. It’s enough to give you whiplash, to be sure.  Instead of becoming one of the many prognosticators of what’s to come, we’d rather help you think out [...]

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A MasterCard Moment for all you renters out there

by Honeycrisp November 28, 2011

So now you’re probably thoroughly depressed after understanding the state of the rental market today.  And yet there’s always a reason to be thankful, turkey or not.  And here is that reason: if there’s any price negotiation to be had, it’s during the holiday season when no other renters want to move.  This is the [...]

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When landlords go for the bling bling: upgrades come with up-prices

by Empire November 8, 2011

Not so long ago, we declared the extinction of the mom-and-pop landlord.  We did so based on the luxuryification of rental buildings (think condo-quality “Class A” rental inventory) and the high cost of maintaining them competitively.  What we’re now seeing is a swath of “Class B” rental buildings looking to leverage this strong rental market.  [...]

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Buying as a lesson in financial discipline for your children

by McIntosh August 16, 2011

If you’re a parent paying your child’s rent, pay close attention to this post.  (If you’re that child, read carefully as well and pass it on to your parents.)  The NYT recently ran an article on an increase in the number of parents buying for their children.  Normally we would speak about this to sellers, [...]

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Vent of the day: blind apartments!

by Honeycrisp July 25, 2011

We rarely vent here at TAP, but one too many of these have crossed our path as of late: blind apartments.  What do we mean?  Apartments exclusively listed by a broker with no photos or floor-plan attached.  You may recall our having written about why sometimes the best apartments come with no photos.  The apartments [...]

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