Can tenants negotiate for lower rent? - myfoxcarolinas.com

Can tenants negotiate for lower rent?

Posted: Updated:
NEW YORK (MYFOXNY) -

 They say everything is negotiable and apparently so is your rent!

Apartment hunters don't have to settle for the terms laid out by a would-be landlord.

Because let's be honest, it’s fair to say that when it comes to paying rent in NYC, its just too high for most people.

But what many tenants don’t know is they can actually negotiate on the rent.

Depending on the market, experts say security deposits, lease length and pets policies can be successfully negotiated.

And in some instances, the amount of the rent itself.

Joe Anuta covers real estate for Crains NY.

Anuta says tenants up for renewal have the best shot with that.

“These landlords are not looking to get people and get this much higher rent because they're not going to be able to.” Anuta said. “You’re going to have a lot more leverage because again if you leave this landlord is faced with that uncertainty again. So you can sorta demand some of these concessions."

And then there are cases like Alexandra Nunez, who says her apartment needs major work done.

“We're in the process of doing that because the apartment has a couple of like things we need to fix. And I think we're paying too much” Nunez said. “Hopefully he'll lower the rent but we're not sure"

Now before you go off trying to get a lower rent make sure you've been model tenant to your landlord... before you negotiate yourself out on the street.

  • Local NewsLocal NewsMore>>

  • Suspect, rookie officer both wounded in gunfire

    Suspect, rookie officer both wounded in gunfire

    Sunday, August 31 2014 10:11 PM EDT2014-09-01 02:11:38 GMT
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
  • New MTA bus routes take effect

    New MTA bus routes take effect

    Sunday, August 31 2014 9:51 PM EDT2014-09-01 01:51:36 GMT
    MTAMTA
    The MTA has new bus routes throughout the 5 boroughs. 
    The MTA has new bus routes throughout the 5 boroughs. 
  • 3 hurt in lightning strike as storms batter NYC area

    3 hurt in lightning strike as storms batter NYC area

    Sunday, August 31 2014 9:47 PM EDT2014-09-01 01:47:41 GMT
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices