Matthew's Blog!
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| Welcome to NYRentClub.com |
| How it all got started... |
Hi, and welcome to NYRentClub.com
When I moved to New York City 2 years ago I couldn't believe how hard it was to find a rental property.
First I tried looking for an apartment on the many internet listing sites. But I found that all the good apartments were with brokers charging 15% - I had never heard of such a thing! But after trying to go it alone I realized the task was too daunting and I just didn't have the time. So I started calling about broker apartments. Only problem was, these brokers seemed intent on wasting my time or ripping me off.
Some brokers refused to talk to me unless I would agree to look at several apartments with them, not just the one I called about. Others would bring me into their office only to tell me the apartment I wanted had "just been rented", but would show me several others that were more than I wanted to pay (I later learned this is called the "bait-and-switch"). Another promised he was a no-fee broker and when I was about to sign the lease said "now we should discuss my fee". When I protested he simply said, "I can rent this place in an afternoon to someone else."
Finally I realized that the smart thing to do was to find the right broker, right from the start, and then let them do the work - after all that is what I was paying for, right?
I got a broker reference from a friend who had used a great broker who provided a good discount. From then on it was smooth sailing.
Soon it occurred to me, why don't I set up a website that does just what my friend did for me - refer top quality NYC rental brokers who all offer big discounts. Only, by using the net renters could read reviews from hundreds of other NYC renters and choose from numerous brokers with different specialties, from different firms, in different neighborhoods and boroughs, and who even speaking different languages.
And so NYRentClub.com was born.
I am proud of the very high standard of brokers and agents listed on our site. All agreed to undergo rigorous former client reference checks and all agree to be rated and reviewed by renters like you. We are an independent platform that allows NYC renters to help each other find a great broker and a great rental property.
I really hope that we can play a part in making your NYC rental search easier and more enjoyable.
Happy searching.
Matt
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Monday, January 12, 2009
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Other Great New York Websites
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Happy New Year everyone!
2008 was a tough one for many New Yorkers so lets hope 2009 brings better fortunes!
To make life a little easier we are beginning to put together a list of websites that offer useful services to NYC apartment hunters and New Yorkers generally. We will link them through from our resources page over the coming months. So if you are aware of any services that you think would be useful the other NYRentClub users please let us know by emailing info@nyrentclub.com.
Here are a few to get the ball rolling:
www.theboxbutler.com
The Box Butler is the white glove approach to storage in NYC. The Box Butler will come to your apartment with your choice of various sized portable closets, help you pack them and then take them away. If you change your mind and need something back in a hurry with 18 - 36 hours notice The Box Butler will bring the box back so you can retrieve whatever you need. A great service for NYC renters with space limitations.
www.123movers.com
NYRentClub has partnered up with 123movers to offer our users free, no obligation moving quotes from pre-screened licensed and insured moving companies. The NYC moving industry is similar to the NYC rental broker industry, in that there are bad apples ruining it for the honest folk who strive to provide great service. Just click here to go to our Moving Page to find honest, reputable moving companies and get free quotes.
www.seamlessweb.com
SeamlessWeb is the leading provider of online food ordering services for businesses and individuals. They have been linking New Yorkers to restaurants since 1999 making ordering food easy and reliable. I like Seamless Web because like NYRentClub, customers can make an informed purchasing decision by reading the user-generated content at both the restaurant and item-level. It is also a very easy-to-use interface.
www.directbuy.com
Get wholesale pricing on thousands of brand-name items for your home.
www.chelseaflower.net
Here is one for our building management readers. Chelsea Flower & Plant Design offers a full suite of services to NYC management companies including lobby arrangements, plant layout and maintenance as well as event design and holiday floral decorations.
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posted by Matthew Day at 02:28 PM |
2 Comments
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Thursday, October 02, 2008
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A Quick-Reference Guide to Manhattan for New Renters - by Nicholas A Judge
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Manhattan is a big place. Many of its neighborhoods are larger than whole cities in other parts of the country. For those new to the city, it can often seem a daunting cityscape. This quick guide will provide a quick reference point for you as start to figure out what part of the island you would like find a New York apartment in.
Chelsea: A relatively expensive area to live, there are large numbers of clubs that people from across the city flock to. There is also a strong GLBT community here.
This is the toughest part of town to find an apartment. Vacancy rates were just 0.53% during the third quarter of 2007.
East Village: Home to Alphabet City, once considered one of the rougher parts of the city, the East Village today is populated by more and more twenty-somethings, and boasts a solid nightlife filled with a good number of quintessentially New York bars. NYU has a strong presence in this part of the city. At 0.93%, vacancy rates are just slightly above Manhattan averages
Gramercy/Flatiron: Last year, Grammercy was home to the single largest real estate deal ever, in terms of dollar value. In a move that is sure to change the face of the area, the city sold a large public housing complex for many billions of dollars. Outside of the public housing, this is the third most expensive part of Manhattan to rent an apartment in.
Harlem: Long one of the most notorious urban areas in the country, Harlem today is experiencing a bit of a renaissance. The Clinton Foundation houses its offices here, and a number of urban renewal projects are taking place here. Rents remain relatively low. During the third quarter, it cost just $2,179 on average for a 3-bedroom apartment.
Upper West Side: Fans of Seinfeld will recognize much of this area. Scenes from the show almost always took place in this part of New York. Vacancy rates are 0.87%, which is just about the average for the island.
Upper East Side: One of the wealthiest parts of the city, it is considerably easier to find a single or flat here than it is a three bedroom apartment.
Soho/Tribeca: The single most expensive part of the city to rent an apartment in, the area boasts a number of warehouses converted into large flats. It is home to the famous Tribeca Film Festival. The vacancy rate is 0.93%; a single will cost you a hefty $3,555 on average.
Midtown: Just south of the park, midtown east and midtown west are home to some of the most famous parts of the city. Madison Square Garden is here, as is Penn Station.
West Village: Perhaps the most European feeling part of the city, the West Village is home to a large number of British style pubs. Apartments are expensive here: A single costs an average of $3,082. A 3-bedroom is an average of $6,438.
Article Source: [link to source] |
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posted by Matthew Day at 03:13 AM |
5 Comments
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Monday, September 22, 2008
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Wall St and NYC Rentals
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Wow, when you pick up the paper these days it all sounds pretty depressing out there at the moment! The landscape of Wall St has changed practically over night, and looks like there could be lots of New Yorkers out of work pretty soon. So what does this mean for renting in NYC?
Well up to now the rental market has been pretty strong in NYC with a vacancy rate of only 1.5%. But CNN tells us that "losses are mounting: From July 2007 until July 2008, about 11,000 jobs were lost in New York's finance and insurance sectors. Approximately 40,000 jobs in the region's financial-services industry could be lost in the current downturn, and approximately 120,000 jobs may ultimately be affected."
So does this mean rents will come down? Probably not immediately. According to Christie, senior director of investor relations and research for AvalonBay Communities Inc. (AVB) , "There tends be a lag of a quarter or two" before a job losses sort effecting rents.
So while no one really knows for sure, it looks like rents may come off a bit in the next 6 months but the upheavals on Wall St are unlikely to cause a collapse in the cost of rent for NYC rental apartments.
Link to Article |
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posted by Matthew Day at 03:21 AM |
2 Comments
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Thursday, September 18, 2008
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Another NYC Acronym Name
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NYC Renters are pretty good at decifering the origins of a NYC neighborhood name. We all know where SoHo, TriBeCa and NoLIta came from. Most of us are now familiar with SpaHa and SoHa and SoBro (South Bronx) is making a comeback.
So you won’t be surprised to hear a new NYC name has been developed. This time it is not for a NYC neighborhood, but for a NYC park - CaVaLa Park. Pretty obvious isn't it? No? The park is bounded by Canal, Varick and Laight Streets!
[link to source] |
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posted by Matthew Day at 03:37 PM |
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Saturday, September 13, 2008
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Luxury Rental Apartment Hunting in NYC
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So you want to find a luxury apartment in New York. Where do you start? Where do you go? Sure, you can look in the newspaper, you can drive around, you can ask around, but the best, quickest way to find a quality apartment is to contact a New York apartment broker.
A broker will have the right tools and the right connections to help you find the best deals on the most sought-after apartments in the New York area. With access to hundreds of listings, a qualified broker will be able not only to help you find your dream apartment, but also to inform you about the neighborhood. The price and lease terms of your future apartment is very important, of course, but information about government, schools, taxes, entertainment, and more, is also very important in making your decision.
The contract for your new apartment is also very important, and your broker will be able to help you understand each aspect covered in it, so you can make an informed decision. Your piece of mind is a great priority here, because you have to ‘live’ with your decision for a while. Literally...
A New York apartment broker will guide you through the entire process, from finding a place that suits your needs and taste, to making yourself familiar with the area, or even helping you with your moving needs.
New York real estate is a fast-moving market, and you cannot afford to fall behind and miss out on great opportunities. Whether you are a college student looking for a small studio, or a couple looking for a one-bedroom apartment, or perhaps a larger family looking for a large luxury loft, visiting a New York apartment broker is definitely the best way to go.
Welcome To New York! |
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posted by Matthew Day at 11:20 AM |
0 Comments
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Saturday, September 13, 2008
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Niche Brokering - Clothing optional...
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Many of the renters reading this blog right now have come to NYRentClub because they are tired of dealing with all the shadiness out there in the NYC rental market. Well apparently in some other US markets it's not the shadiness you need to worry about - it is whether the broker likes to wear any clothes!
Jackie Youngblood, a Realtor in Florida caters to nudist buyers and sellers. Her slogan... "skip the outfit, wear the lifestyle,"
Youngblood and her husband have been nudists since 1983. After she retired she set up her real estate practice in Land O' Lakes region in Florida, where there are a number of nudist real estate developments. This niche must be pretty Florida specific, with their warm winters. You've got to think nudist business must get slow in the colder months!
Apparently this type of niche marketing by real estate brokers around the US is becoming more common.
Jamie Adams & Associates set up shop in the stadium complex that houses the Texas Rangers. Adams also founded MVP Agent which is a national referral network that services the real estate needs of professional athletes.
Like Adams, Valerie Fitzgerald, who owns Valerie Fitzgerald and Associates Beverley Hills, exclusively targets high-profile entertainment types like Winona Ryder and Babyface.
The moral of the story I think it a good one. Find a Niche! NYRentClub targets a niche of NYC renters that appreciate the value of a good broker, but demand top service at a fair rate. What is your niche?
Check out the full story here: [link to source] |
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posted by Matthew Day at 11:17 AM |
1 Comments
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Thursday, August 21, 2008
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Tenants Sue Landlord in Attempt To Force Repairs
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We have all had issues with our Landlord at one time or another. But most us just get cranky and call a friend to vent, thinking there isn`t much we can really do except wait for the super to show up and fix the sink for the 100th time!
Well some NYC tenants in a Pinnacle Group building on Riverside Drive and 144th Street have gone a few steps further. They are suing their landlord, claiming that the six-story rental building is in need of extensive repairs.
Pinnacle is planning to convert the building into condos, but the tenants are claiming that `mold, constantly leaking pipes, rotting wood, fallen ceilings, and dangerous electrical environments` must be fixed before the conversion can begin.
It is going to be a classic David vs. Goliath given the Pinnacle Group managing an estimated $1 billion in real estate and controlling over 21,000 rent-regulated apartments!
[link to source] |
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posted by Matthew Day at 12:54 PM |
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Thursday, August 21, 2008
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NYC Neighborhood Festivals August 23rd and 24th
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For those of you in the area, here are a few dates for up and coming Neighborhood Festivals
Saturday August 23rd Gramercy Park Neighborhood Festival (on 3rd Avenue from 14th - 23rd Street)
Sunday August 24th Third Avenue Merchandise Fair (on 3rd Avenue from 23rd - 34th Street) |
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posted by Matthew Day at 12:24 PM |
1 Comments
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Thursday, May 15, 2008
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NYC Rent Guidelines Board, May 5, 2008
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Singing protester at the NYC Rent Guidelines Board Meeting. Rents went up by 9.5%
What do you think about the increase? Have you say in the comments below...
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posted by Matthew Day at 11:09 PM |
1 Comments
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Thursday, May 15, 2008
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New Wall St. Apple Store
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If you are an Apple fan like me I am sure you will agree that while we love our Macs there are not enough Mac Stores on NYC. Well for all you Financial District Mac fans that might be about to change.
The New York Post reports that Apple is seriously negotiating for the entire 12,500-foot building at 23 Wall St, nicknames The Corner.
It has a massive window space, so residents can look forward to a giant illuminated Apple logo in it pretty soon!
[link to source]
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posted by Matthew Day at 03:15 AM |
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10% |
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Manhattan Brooklyn Bronx Queens Staten Island |
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