Rentals face pink slip problems
March 12, 2009 04:30PM By Sarah Portlock
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From the March issue: In boom times, it was common for twentysomethings to blow half their paychecks on rent in desirable buildings. But in this faltering economy, what happens when one roommate's high-paying job disappears, and with it the paycheck for his or her portion of the rent? Brokers say that's exactly what many renting roommates are going through now, as layoffs become more widespread. "It's happening all over the city," said Marc Lewis, president of Century 21 New York Metro. "Landlords are getting calls every day from people who are sharing apartments who have to move [because one of the roommates has lost their job]. Or, people are calling in the middle of their leases and asking for a rent adjustment."
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Comments
Anonymous
For all those who live in The Rivergate (34th & 1st), it is sooo easy to get an upgrade from your current apt and only pay about $50 more a month. Do it!!!
Comment #1 Posted By: Anonymous 03/12/09
Anonymous
how about a mid lease rent reduction at river gate?
Comment #2 Posted By: Anonymous 03/12/09
Anonymous
How about free rent for 3 months?
Comment #3 Posted By: Anonymous 03/13/09
Anonymous
just go back to mom in the midwest shell take you in
Comment #4 Posted By: Anonymous 03/13/09