Quote:
Originally Posted by WaDaDaDa
For those of you who got the letters to view the apts. can you share what does the letter say beside ur position? So when did they ask the documents they needed? After u put in ur choice and u got picked?
|
The letter says nothing other than 'you've been selected as a part of a group to view the following apartments'
and it lists the addresses of the apartments available
It'll also specify what number you are in said group. I'm not sure the number of people in each group. I received 3 letters before I closed on an apartment. Maybe it's 15 people in a group?
First letter was 12th pick to view 2 separate studios, one on 24th street (closer to 9th ave) and the other up on 28th street (closer to 9th ave).
You view, then sign the letter stating that you viewed the apartments. You also sign on whether or not you WOULD accept one or both of those apartments if the 11 people ahead of you pass. I believe you only get ONE "pass" or turn down offer. I think after two turn downs you get removed from the list all together. So choose wisely. I feel that if you were lucky enough to get on to the wait list that, unless the place is egregiously bad, just accept everything you see and deal with it later. Even the apartment on the 2nd floor right above the loading entrance I said I would accept. At that point I was 12th on the list so I figured I wouldn't get it anyway
About 2 months after the first letter I got a second letter - I was the 9th pick to view I believe 3 studios, all in the big building on the corner of 9th ave and 26th street.
About another month after the 2nd letter, I got a third letter I was the 6th pick to view another 3 studios, spaced out over a few different buildings. I think I opted to not view 1 of them because I saw a similar line in another building. I said I would accept any of the 3 studios
About 3 weeks after my third and final letter, it turns out the 5 people ahead of me didn't accept anything or disqualified themselves. So, I went from #6 in the group to #1 and had my choice selection of the 3 studios I saw. I chose the one I wanted and proceeded with the closing...which is another big process in and of itself.
You don't need to provide any supporting documents or anything when you start to receive viewing letters. That only happens once it's your turn and you select the apartment.
The turnaround time from when you receive your first viewing letter until you have keys in hand is most likely going to be 6 months. Could be more, could be less. Just realize...once you get a letter saying you need to come in and view...start getting prepared because within a calendar year you will be living at Penn South (god willing)
I believe Penn South's credit requirements are much more lax than they were because honestly, after I went through viewings and selected my apartment, I did not think I was going to pass a credit check. My credit was in a bad place and I was very worried. However they didn't even mention it. I passed with flying colors. Proof of income, credit check, and home inspection
Carmen does the closings and she is amazing. Kind of a no-nonsense person, definitely an old school NY type. firm but fair and very patient.
Unlike other horror stories of mitchell lama buildings losing your contact info right before it's time for you to move in, Penn South goes above and beyond when trying to reach you to let you know it's your time. I was away for 2 months so I wasn't getting my mail and they ended up e-mailing me...I high tailed it back to the city
The 2014 waiting list is moving fast. I almost wasn't ready to move forward. It's a miracle I was able to. You gotta realize that I was 250 on the wait list when I started to get letters to come and view. I started out as 480-something in the initial lottery. So one day I'm looking and I see there are 249 people ahead of me and I figure "ahh it'll be another 2 or 3 years" and then I get a letter in my mailbox.
One of the studios I saw was occupied, and the outgoing tenant was transfering into a 1 bedroom. This tenant was a part of the 2014 studio list. So, inbetween 2014 and 2018 she had moved into a studio, put her name on internal transfer after 3 years for a 1 bedroom, and got THAT transfer within a year.