Brick Underground recently polled prominent brokers to find out “the most outlandish requests new NYC renters make.” Those new to the city often have unrealistic expectations of the real estate market, the agents say, such as hopes of fitting a king-size bed into a tiny apartment, or getting a pad with a private outdoor space.
One of the featured brokers is Mirador Real Estate’s Jessica Milton. She says the most common unrealistic question she hears from renters is whether they can use their roommate’s guarantor as their own. “Leases cannot be guaranteed in part,” she tells Brick Underground. “If you all don’t make 40 times the rent combined, then you all need a guarantor(s) who earn 80 times.”
Jessica also notes, “This year, a lot of first-time apartment shoppers seem to be looking to move in and then think they can just sublet for the summer and move back in come September. While this is possible, it’s not practical and most landlords will not allow this.”
Read the full article here.