Rent vs. Buy NYC

Should you rent or buy in NYC? Is renting cheaper than buying in NYC? How much are closing costs in NYC? Learn pros and cons of buying vs. renting in NYC.

Rent vs. Buy in NYC – Pros and Cons

By Sonja Gosine, Spokesperson at Hauseit® / November 29, 2019

Key advantages to buying vs. renting in NYC include building equity over time, benefitting from price appreciation, obtaining inexpensive leverage through a mortgage, saving money on rent, adding value through renovations and feeling a greater sense of security when it [...]

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Tips for Renting an Apartment in NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 8, 2018

When it comes to horror stories, renting in New York City seemingly tops the list for many people who’ve experienced living in the Big Apple. There’s no question that the rental industry has a definitive sketch factor to it in

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Net effective rent is an increasingly common marketing tactic for landlords in NYC. Net effective rent is the average monthly rent during the lease term.

What Does Net Effective Rent Mean in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / October 4, 2018

‘Net effective rent’ is an increasingly common phrase being found on rental listings in NYC as a marketing tactic for landlords who are offering free months of rent as an incentive for tenants. Net effective rent represents the average monthly

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Most renters in NYC end up working with a broker out of necessity rather than by choice. What do we mean by this? Since most rental apartments have a listing broker representing the landlord, it’s impossible to avoid working with that agent and paying the broker fee if you want to rent the apartment.

Do You Need a Broker to Rent an Apartment in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 27, 2018

Most renters in NYC end up working with a broker out of necessity rather than by choice. What do we mean by this? Since most rental apartments have a listing broker representing the landlord, it’s impossible to avoid working with

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Rental broker fees in NYC are usually paid by tenants instead of landlords. A rental can be no fee if the landlord is paying the broker commission or if no agent is involved.

Who Pays the Broker Fee When Renting in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 25, 2018

Rental broker fees in NYC are usually paid by tenants instead of landlords. This is the opposite of what happens in the rest of the country, whereby landlords normally pay rental broker commissions. With that said, not all rentals in

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