Besides rent stabilized buildings, what other types of apartment buildings are there in New York City?
There are Small to medium sized rental buildings, co-ops, and condo buildings. • Small, medium and large sized buildings: Usually 3 to 100 units; rents are generally at market level. Annual rent increases vary and in some cases may not be imposed. – typically depends on market conditions. Some are small, self managed and others are managed by big corporations. Brownstone Real Estate has access to these listings at affordable prices. We have access to most of the rental listings in New York City. • Co-op and condo buildings: These are also usually full service buildings. Units are owned by individual owners. It possible to get affordable rentals in co-op or a condo buildings. Keep in mind that new tenants might have to meet with the co-op or condo board. The application process typically takes longer. Some co-ops do not allow lease renewals – make sure to ask if this concerns you.
