Last post, I promised a recap of our
apartment hunting. For anyone moving to the city, read this blog if you read no
other of mine as it will save you so much trouble! Like I said, we scheduled an
appointment with an apartment broker with "Patrick" from Citi-Habitats.
I wasn't too keen on using a broker as we knew about the dreaded broker's fee,
which is usually, at the least, one month’s rent, or more than likely, 15% of
the entire year's rent! It’s absolutely absurd to hand over that kind of money,
simply for someone touring you around Manhattan to apartments you've done the
work to pick out yourself online. However, we were on a time crunch and I
wasn't finding a lot of luck elsewhere.
As a guide for you, the top three
best search sites for apartments that I found to be most helpful were:
· Citi-Habitats
· Naked Apartments
· Craigslist
I found Citi-Habitats has the most
legitimate listings, however, all come with a broker. Naked Apartments was my
tool to learn the ins and outs of New York apartments: where to live, what to
expect for your money, and what amenities are must haves. Naked Apartments is
awesome because you can subscribe to a daily e-mail alert with the criteria you
want in an apartment, and they will send you new listings every day. I became
addicted to browsing... even 6 months before the move. Though you really can't
even begin to get serious about a place that early in New York, it was the best
tool to "do my homework" and learn the rental landscape of the city.
I highly recommend signing up at least a couple months in advance to figure out
what you want, and align your expectations with what is really out there, and
what you can afford. That way, you won't be heartbroken to learn that $2500
will only get you 300 square feet in some neighborhoods, and no dish washer to
boot.
But back to my experience. With the time crunch, we decided we could compromise and use a broker to find a place, despite the abhorrent fees. And yes, Patrick was very nice, though he showed up 20 minutes late and scared me to death with our first showing. It was a studio right off West 72nd, a pretty desirable location on the Upper West Side, near great shopping and the express subway stop downtown. The building was gorgeous, but as we opened the door to the studio, my mouth dropped. We had just walked into a closet... it had to have been. But no. The entire studio was 250 square feet. Large enough for (maybe) a full bed and a dresser. Is this really what you get for $2,500? I started doubting that all the research I had done prior was all phony, and this was really what you could get for your money in New York. He ended up redeeming himself the next studio... a beautiful brownstone with a fireplace, remolded bathroom, private balcony and exposed brick wall. It was nice and in our budget but... still rather small for what we were bringing with us. He had one more place on the agenda right off Central Park West in the 100s. I liked the area quite a bit, but wasn't sure that for $2200, we would be getting much space for our money. I was surprised when we walked in... it was a gorgeous alcove studio, in decent shape, and with a large window, an enormous (for NY standards) walk-in closet, and views of Central Park! Rob and I thought we found it! I'll admit, it wasn't what I had been dreaming of, but I wasn't sure we'd find much better and we didn't have much time.
By Friday, we received the paper
work for the place, and I kid you not... it was nearly 60 pages of documentation.
This is one more crucial step before you begin looking for your place. GET YOUR
PAPER WORK TOGETHER IN ADVANCE! They will ask you for every shred of financial
history you have. You will most likely need:
· Identification
· Rental History
· Proof of Employment
· Last two to four months pay stubs
· Credit Score
· Tax Return
· Letters of recommendation
And if you plan to use a co-signer
or have any pets... good luck. As we did our paper work, Rob and I discovered
more and more fees... there were nearly $500 dollars wrapped up in the
application fees, background check, credit score check, move in fee and more.
This was on top of the nearly $4,000 we would be paying to Patrick should we
get the place in broker's fees alone. It was starting to feel overwhelming.
Rob was also able to get the movers
to come in the very next week, so we only have the place for a day without any
furniture. It truly worked out perfectly. By Thursday, April 26 at 4 p.m., the
boxes arrived. And by Friday, April 27 at 12:30 a.m., the boxes were unpacked,
and our studio became our home.