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For anyone who's signed a lease or is thinking about it, do you think it's better to go for one year or two years? On the one hand, with a two-year lease, you get to lock in the initial rent for longer. On the other hand, that's a lot to commit to for an apartment you haven't experienced yet. (On the third hand, unless it turns out to be awful, who would feel like picking up and moving again after just a year? Moving is the worst.)
For anyone who's signed a lease or is thinking about it, do you think it's better to go for one year or two years? On the one hand, with a two-year lease, you get to lock in the initial rent for longer. On the other hand, that's a lot to commit to for an apartment you haven't experienced yet. (On the third hand, unless it turns out to be awful, who would feel like picking up and moving again after just a year? Moving is the worst.)
Considering how long I've been looking for a decent apartment, I would lock that in for two years. You're right; moving is the worst. I'm going to avoid it as long as possible.
My leasing rep said it's $100 per household for all amenities. I know the gym is included, but I'm not really sure what else.
Sun terrace deck, bike room, party room. Note, however, that the amenities are not shared between the two buildings, so the farm and garden are not available for those in crossings.
For anyone who's signed a lease or is thinking about it, do you think it's better to go for one year or two years? On the one hand, with a two-year lease, you get to lock in the initial rent for longer. On the other hand, that's a lot to commit to for an apartment you haven't experienced yet. (On the third hand, unless it turns out to be awful, who would feel like picking up and moving again after just a year? Moving is the worst.)
Why wouldn't you do 2? Lock in the rate as long as possible!
Why wouldn't you do 2? Lock in the rate as long as possible!
Just because there's always a risk that you could move in and not like it for whatever reason. Granted, everything seems very nice so far, but I guess I'm kind of cynical, so part of me wonders if it's too good to be true.
For instance, I think my leasing rep might think I'm a little nuts because I asked her how many machines were in the laundry room—but I've heard about buildings where they don't have nearly enough to meet residents' needs! Or, you know, what if when something breaks, the building's management is really slow to fix it? Things like that.
I've never lived in a luxury building before, so I don't know if I can just assume that things will run smoothly, or if I need to be cautious because there might be major issues I don't anticipate.
Just because there's always a risk that you could move in and not like it for whatever reason. Granted, everything seems very nice so far, but I guess I'm kind of cynical, so part of me wonders if it's too good to be true.
For instance, I think my leasing rep might think I'm a little nuts because I asked her how many machines were in the laundry room—but I've heard about buildings where they don't have nearly enough to meet residents' needs! Or, you know, what if when something breaks, the building's management is really slow to fix it? Things like that.
I've never lived in a luxury building before, so I don't know if I can just assume that things will run smoothly, or if I need to be cautious because there might be major issues I don't anticipate.
I have the same concern. I wonder if the project will end up being so massive that the logistics haven't been worked out as far as general day to day maintenance goes.
Just because there's always a risk that you could move in and not like it for whatever reason. Granted, everything seems very nice so far, but I guess I'm kind of cynical, so part of me wonders if it's too good to be true.
For instance, I think my leasing rep might think I'm a little nuts because I asked her how many machines were in the laundry room—but I've heard about buildings where they don't have nearly enough to meet residents' needs! Or, you know, what if when something breaks, the building's management is really slow to fix it? Things like that.
I've never lived in a luxury building before, so I don't know if I can just assume that things will run smoothly, or if I need to be cautious because there might be major issues I don't anticipate.
Listen, I understand that things may not be completely worked out. But this isn't the first time that Related has built a luxury building, so I bet they have an understanding of the needs of tenants. Even if they don't, I currently live in a high rise building, and I can tell u we don't have enough treadmills for the apartment building - legit 3 machine and one is always broken. We don't have a roof deck, and there's no other amenities. But apartments on similar floors to what I'm getting at HpS minus the view and with about 150 less square feet, is going for at least $500 more than I'm paying at the highest bracket in HPS. So if the worst thing is laundry or minor issues, you're still getting a great value.
Also, remember this is just the first phase of many similar buildings to come. I'm sure related has a lot of incentives to make sure tenants are happy.
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