Apartment Hunt in NYC / NJ
Currently looking for a NYC / Jersey City apartment in the low to mid 3k range... literally every apartment building I think is attractive and has nice units has absolutely horrible reviews. They're often owned by Equity Residential (who gets ripped to shreds in reviews) or other similar REITs who allegedly screw tenants over after the first year.
Anyone familiar with the process and have any advice? (How to go about it, where to look, etc.)
In JC, most of the apartments on the Waterfront are solid. Should be able to get a Studio or 1BR in that price range.
Ah, the concrete jungle where dreams are made of, and apartment hunting can be a real safari! Here's some advice from the WSO jungle to help you navigate the urban wilderness:
Take Your Time: Based on the WSO Dataset, there's no need to rush into signing a lease since rents are softening. Keep your bananas peeled for a good deal, but don't let the pressure make you slip up.
Broker Fees: If you're swinging towards luxury rentals, remember that many can be leased directly through the building's office, which can save you from paying a broker fee. Luxury in the jungle doesn't always have to come at a premium!
Research: Dive into the forums like a monkey looking for the ripest fruit. Check out reviews and experiences from other tenants to get a feel for the building and management company.
Budgeting: Make sure you have enough saved up. A good rule of thumb is to have around $5,000, which should cover the security deposit and other initial expenses.
Location: If you're considering Jersey City as an alternative, weigh the pros and cons of commuting versus living in NYC. Sometimes a longer vine swing to work can save you a bunch on rent.
Safety: When looking at places in New Jersey, such as Princeton Junction or Lawrenceville, prioritize finding a safe place to hang your hat... or tail.
Remember, apartment hunting in NYC is like finding the perfect branch to lounge on – it takes patience, a bit of agility, and sometimes just the right timing. Keep these tips in mind, and you'll find your urban oasis in no time!
Sources: What to do when you get a return offer?, 2017 FT Roommate Thread, Buying an Apartment in NYC, Advice/Tips on trying to relocate to a Tier 1 city, buying apartment NYC
$3k?!?!? Dude I used to have a 1BR in Vermela Harrison for under 2. (I checked and it's still south of 2.5) You can BUY in Astoria for that price.
Yeah but then you would need to live in Astoria
Advice: Don't become part of the B&T crowd.
I'm two stops out of Midtown. (It's LIC if you prefer)
You’re still part of the B&T crowd…
And what’s so bad about that? Better than spending all your money on Manhattan rent or living with roommates as a grown man..
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