Renters Guide - 2008

This is a step-by-step, easy to follow outline of the entire process of renting an apartment in New York City. The rules are different here. The items which we categorize as "necessary" in this guide are in fact crucial. We can guarantee that if you do your homework, the process will flow smoothly for you. Assume that there are no exceptions to the items on these lists.

Step-by-Step Process to Renting an Apartment in New York City

1. If you are relocating, call us at (212)321-7122 to determine when to come to New York to begin your search. At that time, schedule your appointment. Your needs will be discussed, questions will be answered about the process, and you will be assigned to one of our team member best matched to your needs and budget.
2. Organize and prepare the necessary information to bring with you, including:
   • Letter of employment and salary verification (include start date if not yet employed)
   • Bank account numbers (checking and savings), credit card numbers
   • Names, addresses and phone numbers of previous landlords
   • Names, addresses and phone numbers of accountant and attorney, if applicable
   • Names, addresses and phone numbers of personal and business references
   • Tax returns
   • Pay stubs
   • Expected bonus (verification from employer)
   • Additional sources of income with verification
   • Personal identification with photograph - driver's license or passport
3. If relocating, prepare the necessary funds before coming to New York. Landlords will not accept personal or out-of-state checks. They require certified funds. Anyone renting or relocating must:
   • Try to establish a New York bank account before you begin your search. If this is not possible, bring the necessary funds with you.
   • Bring enough traveler's checks to cover the cost of two (2) month's rent (which must be converted into CERTIFIED CHECKS). This comprises the first month's rent and one (1) month's security deposit.
   • Bring funds to cover the broker's fees if your company is not paying covering that expense. Brokerage fees are paid by you, the tenant, in New York City. These fees are due upon signing of the lease unless your employer is paying the real estate commission for which they will be billed directly.
   • Bring funds to cover a Credit Check: $25 to $50, which can be paid by personal check.
   • Bring funds to cover possible move-in/move-out fees (See Co-op/Condo Funds Needed).
4. The day of your appointment you will meet with us and you will be taken to each apartment that we have scheduled for you to see.
5. When you have made your apartment selection, you will be asked to fill out a rental application and one or more miscellaneous documents. We will negotiate price and lease terms for you. Upon acceptance, a credit report will be done, and your references will be checked.
6. Leases will be signed and checks presented.
7. We will assist you with settling in comfortably once the lease is signed and the move in date established.

CALL US at (212)321-7122 or Email us if you are relocating and thinking of renting an New York City apartment today!