Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Tiny place is $1500 a month + storage $45 a month = $1545
Bigger place is $2000 a month.
Makes sense in a lot of situations.
These storage buildings do not have such restricted zoning compared to residential, not nearly the same amount of paperwork or inspections, and you don't have to deal with "tenants" and "tenants rights" and spend $$ on lawyers and endless battles in courts while people use your property for free. That's a lot of savings for the storage rental company as opposed to a LL.
Only if the items in storage are worth more than the annual cost to store them. At some point, doesn't it make sense to just get rid of the stuff? I mean, lets say you are paying $400 a year to store your Christmas decorations. Or you can just buy new Christmas decorations.
Our renters insurance covers stuff in our storage unit. no extra charge (Travelers).
yeah it's the way to go. the storage places charge about $12 / month for insurance = $144 / year
you can get renters insurance from geico for the whole year for 90 minus 40 multi-policy discount for your car = $50 / year plus all your crap in your apartment is covered
I think there is no option for getting renters insurance on the storage units in NYC. Purchasing the insurance may be a requirement.
it's a requirement to HAVE insurance, not to get it from THEM. Although you would never know it by talking to them. All you need is a declaration page from your renters insurance and possibly some written notice from them that it extends to self storage.
it's a requirement to HAVE insurance, not to get it from THEM. Although you would never know it by talking to them. All you need is a declaration page from your renters insurance and possibly some written notice from them that it extends to self storage.
Yeah I sensed the shady part of the insurance thing. They had me signing like a 40 page contract.
I had no time for figuring out the scam in detail so I just paid the $50 insurance or whatever it was.
Just so some of you know people (including the wealthy) have been using storage units for decades. Going back to the early part of last century.
When the wealthy began moving out of their mansions and townhouses into those grand pre-war co-op or apartment buildings they lost the storage space once had in attics, garages, stables, basements.... Enter firms like Day & Meyer, Murray and Young.
DMMY not only moved the furniture of wealthy persons but provided storage vaults. When a household was going to Europe for a year or whatever and needed to store their own furniture (as in renting out their home empty), things went into storage.
Each spring or fall when decorations, rugs and other furnishings were changed, again the vault was sent for; things taken out, others put in...
These buildings were once all over Manhattan, Brooklyn and Queens. There used to be one on corner of 80th and Third, but has since been converted into condos.
So well built were these buildings that trucks containing the vaults/crates were lifted entirely up to the proper secure floor.
The concept of "mini storage" is just that; using less than a entire floor or vault of space.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
