https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/ As median rents in NYC continue to rise, renters are left weighing the costs of moving or renewing. For the past few months, New Yorkers (especially in Manhattan) have experienced record lease renewals – sometimes upward of 50%. In June, rent increases on lease renewals for market-rate apartments averaged 13.8%. While 50%+ increases are slowing down, rent increases on renewals are still triple what they were during the same period last year.<br>Renters have been sharing details of their rental experiences and their renewals on openigloo. Many renters have reached out to us asking whether they should move or renew. Our advice is to research the rent prices in their neighborhood and see what others are quoted. For example, in Brooklyn the average June renewal was anincrease of 11%. This figure can act as a benchmark for those negotiating their rents. For those that decide to move, we encourage renters to research their prospective landlords to see what kind of rent increases they can expect to see. Tue, 14 Mar 2023 13:51:40 +0000 hourly 1 https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-47 Tue, 14 Mar 2023 13:51:40 +0000 https://blog.openigloo.com/?p=248#comment-47 […] risk of eviction or potentially in a combative situation with a landlord, it’s important to know your rights. Here are 4 things every renter should know about evictions and illegal […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-46 Wed, 01 Mar 2023 20:54:46 +0000 https://blog.openigloo.com/?p=248#comment-46 […] current law says that renters are on the hook to pay the broker fee. At one point, a law said landlords had to […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-38 Thu, 02 Feb 2023 19:31:35 +0000 https://blog.openigloo.com/?p=248#comment-38 […] cities have laws and regulations about late rent payments and fees. In New York City, for example, the maximum late fee a landlord […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-22 Thu, 22 Dec 2022 22:42:21 +0000 https://blog.openigloo.com/?p=248#comment-22 […] and can pose a real danger to young children. That’s why in 2013, a New York state bill passed requiring landlords to install radiator covers at the request of a tenant residing with a child aged twelve […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-20 Thu, 22 Dec 2022 21:55:12 +0000 https://blog.openigloo.com/?p=248#comment-20 […] us! That mean’s heat season is in full effect. From October 1 to May 31 every year, landlords are legally obligated to make sure your apartment and building have functioning and sufficient heat. Here are 5 things […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-18 Thu, 22 Dec 2022 18:31:56 +0000 https://blog.openigloo.com/?p=248#comment-18 […] notice. Many renters have reached out to us asking what they can do if a landlord breaks this rule. Try […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-14 Wed, 21 Dec 2022 20:38:58 +0000 https://blog.openigloo.com/?p=248#comment-14 […] having a lawyer is no guarantee of getting your deposit back, knowing the laws and regulations around security deposits is a good place to start. Here are a few things every New York City renter […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-9 Wed, 07 Dec 2022 18:02:20 +0000 https://blog.openigloo.com/?p=248#comment-9 […] in a rent-stabilized apartment, you can’t hold your landlords accountable and could be subject to illegal rent […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-7 Thu, 10 Nov 2022 14:15:09 +0000 https://blog.openigloo.com/?p=248#comment-7 […] New York has dozens of laws to help protect renters. For example, landlords can only charge a maximum of $20 as an application fee. Landlords must return security deposits within 14 days of move-out. Landlords must give notice if they want to raise your rent by more than 5%. And the list goes on. You can read more about NYC Housing Laws here. […]

]]> https://blog.openigloo.com/9-housing-laws-every-nyc-renter-should-know/comment-page-1/#comment-4 Thu, 03 Nov 2022 11:31:35 +0000 https://blog.openigloo.com/?p=248#comment-4 […] but it’s important to make sure the lease doesn’t include any strange clauses that go against housing laws. A renter wrote us recently to share some of the clauses their landlord included in the lease to […]

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