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APARTMENTS
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NY Bits » Rental Buildings
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For this section, we've compiled an extensive list of New York City rental apartment buildings. The majority of buildings listed are "no-fee" - i.e. managed by companies that deal directly with renters. That means you do not need to hire a broker in order to rent an apartment there. Some managers prefer to "outsource" the rental process to brokerages that do collect a fee. Whenever we have information that such an arrangement takes place, we note it in the building's profile page. In general, we try our best to show direct management contact info wherever possible and where not possible, show the exlusive brokerage contact while also specifying whether or not it is "no-fee". Most buildings listed offer unfurnished apartments, but major appliances are nearly always included. Typical leases are 12 and 24 months. The buildings are grouped by area.
Downtown Manhattan Rental Apartment BuildingsThis is a partial list of rental apartment buildings in Downtown Manhattan (i.e. below 14th street). The complete list of downtown rental buildings (containing 382 buildings) is a bit longer.
See all downtown rental buildings (382 buildings) Midtown Manhattan Rental Apartment BuildingsBelow is a partial list of midtown rental buildings. The longer complete list of midtown rental buildings (336 buildings) is also available.
See all midtown rental buildings (336 buildings) Uptown Manhattan Rental Apartment BuildingsA partial list of uptown buildings can be seen below. The complete list of uptown rental buildings (with 623 buildings) is also available.
See all uptown rental buildings (623 buildings) Upper Manhattan Rental Apartment BuildingsA partial list is given below (you can also view the complete list Upper Manhattan rental buildings (280 buildings)):
See the complete list Upper Manhattan rental buildings in our database (280 buildings). Roosevelt Island Rental Apartment BuildingsAlthough Roosevelt Island is officially part of the borough of Manhattan, it is an island, so if you decide to rent there, you'll need to get acquainted with a lesser-known mode of transportation called the air-tram.
Brooklyn Rental Apartment Buildings
See all Brooklyn rental buildings (126 buildings) Queens Rental Apartment Buildings
See all Queens rental buildings (117 buildings) Bronx Rental Apartment Buildings
See all Bronx rental buildings (75 buildings) Staten Island Rental Apartment Buildings
New Jersey Rental Apartment Buildings
See all eastern New Jersey rental buildings (44 buildings) The latest additions/updates to the database of buildings were made on: November 5, 2009. Updated recently: 1 Cabrini Boulevard , 90 Pinehurst Avenue , 412 West 25th Street , 1495 Morris Avenue , 4409 Sixth Avenue , 9 Bedford Place , 30 Lincoln Plaza , 316 East 63rd Street
Apartment buildings from NY Bits
Do I Have To Pay a Fee?Whenever possible, for rental buildings, we list direct contact information for each building and for no-fee buildings this means that you'll be dealing with the management company directly, without any intermediaries (brokers or agents) and consequently, you won't be required to pay extra fees. When the manager requires prospective tenants to go through a brokerage, broker fees may be charged. We try to note such arrangements in the building's "capsule". If you contacted your broker before seeing the apartment, typically you'll have to pay the fee, even if it later turns out that the building wasn't requiring you to use a broker and you could have come and talked directly to the management. That's why it pays to do your research in advance. Renting in condo and especially co-op buildings more often than not requires a broker - unless you're dealing directly with the owner of the unit or the developer of the building. This market is much more fractured and complicated than the "mainstream" rental market, but the upside is that you can find a much more unique apartment to live in. How Much Is the Fee?In New York, a typical broker's fee is about 15% (up to 20% in some cases) of one year's rent. Thus, the broker's fee on a $3,000 apartment will be $5,400. No wonder New Yorkers have been looking hard to avoid paying such fees (and thanks to NYBits, they can now do that!). In certain situations, however, brokers charge less - for example, it is not uncommon to pay the "low fee" of around 10% or even a fee of one month's rent (which roughly corresponds to 8.3%). When we have information that a building is rented through a brokerage and requires a fee, we show a "fee warning" prominently in the building capsule. Ready to skip brokers? Try our free no-fee rental search tool What's a No-Fee Broker?Sometimes (and more so in a "down" market), landlords agree to pay the broker directly - an arrangement that is called "Owner Pays" (OP) in the industry lingo. Fairly often, companies hire (and pay) an "exclusive" broker to advertise their properties or even to man an on-site rental office. You should not be paying a fee to a no-fee broker: the landlord has already agreed to do so. Always confirm this is the case before signing anything. In case you're wondering, "OP" is actually the standard way of doing business pretty much everywhere in the country except New York, although even in New York it seems to be more accepted now. | |||||||||||||||||||
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