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Old 02-19-2011, 04:37 PM
 
1 posts, read 3,039 times
Reputation: 10

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I saw this.

Quote:
Originally Posted by DAIRYDAD View Post
I am rent cortrol i pay $34 a month!
How does someone pay ONLY $34 a month. I'm barely making it each month due to my rent being so astronomically high. (I might add that I only make $1300 a month, and I live in Flatbush in a studio which I only pay $500 for-oh and I am white.) I honestly don't even know what a rent stabilized apartment is but if it's like a Section 8 voucher I better sign up.
Can someone explain how people only pay pennies to live somewhere really nice? Five hundred may not seem like a lot but I don't make that much...so...

Please everyone help me understand what a "rent stabilized" apartment is, how does one achieve in getting one (where does one look, ect.), and do they offer them in every state?

Also how do people feel okay that someone else is paying three times the amount to live in a comparable apartment??:sma ck:
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Old 02-19-2011, 05:06 PM
 
105,569 posts, read 107,535,990 times
Reputation: 79239
hes teasing you.
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Old 02-21-2011, 10:01 PM
 
242 posts, read 1,180,197 times
Reputation: 161
No, rent stabilized isnt a program. read here for more info:

NYC Rent Guidelines Board

its easy to find a place- mine is rent stabilized, but I still pay $1295 for it. Rents in my area are typically 300 more than I pay per month. I had to pay a brokers fee though, and I find that many people who have the opportunity to grab a great rent stab. place also pay a fee.
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Old 02-22-2011, 03:33 AM
 
105,569 posts, read 107,535,990 times
Reputation: 79239
even if you get one now the rents are now pretty much up to market value and the rent increases have actually been more the last few years then in un-stabilized. there are no more bargains. those bargains were only for those that got in decades ago when rents were kept artificially low. once the origonal tenant is out rents are at or close to market.
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Old 02-22-2011, 03:34 AM
 
84 posts, read 396,891 times
Reputation: 57
Stablizd go up every 2yrs you have to be rent control & be in before 1974 your only option move out ny!
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Old 02-22-2011, 04:10 AM
 
105,569 posts, read 107,535,990 times
Reputation: 79239
stabilized can go up every year. it all depends if you sign a one or 2 year lease
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Old 10-28-2013, 10:39 PM
 
2 posts, read 2,668 times
Reputation: 10
Do I need to be approve by the city to sign a lease with managment?? I gave 2 months already and Im waiting for the final aproval from the city??? Anyone help me and at the singning list i will pay one more deposit... They told me i need to be aprove by the city is this correct?
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Old 10-28-2013, 11:01 PM
 
Location: Manhattan
2,498 posts, read 3,747,335 times
Reputation: 1608
If you need to be approved by the city then it is a form of low income housing geared toward a specific range of income.
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