Midtown Manhattan. Photo: Sublet Buddy.
MoneyThe 40x Rent Rule in NYC and How Guarantors WorkThe 40x rent rule is a screen most New York landlords use: your annual income should be at least 40 times the monthly rent. If it is not, they usually ask for a guarantor who earns 80 times the rent. It is a custom, not a law, so the exact number depends on the landlord.4 min read
MoneyRenters Insurance in NYC: What It Covers, Who Needs ItRenters insurance in NYC covers your belongings, liability and a place to stay after a fire or theft. It is required only if your lease says so. What to check.4 min read
MoneyThe Cost of Moving to NYC: What You Pay Up FrontThe cost of moving to NYC is mostly first month’s rent plus a deposit of up to one month. Worked examples for a studio and a room share, with the fees and extras.4 min read
MoneySplitting Rent with Roommates in NYC: Fair Ways to Do ItFair ways of splitting rent with roommates in NYC by room size and features, with the arithmetic, plus who is on the lease and New York’s roommate law.5 min read
MoneyA Room or a Studio in NYC? The Real Cost of EachWhat a room in a shared apartment costs against a studio in New York City, neighborhood by neighborhood, using StreetEasy median asking rents.2 min read
MoneyHow Much Can You Charge for a Sublet in NYC?How to price a New York sublet: the rule for rent-stabilized apartments, what most people charge, and honest math on what an empty room costs.2 min read