Finding an Apartment
Finding an apartment in New York City involves a considerable expenditure of time, effort and money. The East Village area surrounding the Cooper Union is a very popular neighborhood and thus tends to be expensive. We strongly advise that students who wish to find apartments in the immediate neighborhood make their arrangements in early summer; by August, students are pouring into the neighborhood to attend Parsons, NYU, and other schools, as well as Cooper Union, and it is difficult to locate anything desirable. To find an inexpensive apartment, you must consider apartments in the other four boroughs.
In New York City, the standard lease is for one year and generally involves paying a month's security deposit to be kept for the duration of the lease by the landlord. Students under 18 or from out of town will often be asked for a guarantor. A guarantor signs the lease and agrees to pay if the student fails to do so.
Using a real estate broker is the most efficient way to locate an apartment, but it is extremely expensive, costing 10-15% of the rent for the first year of the lease.
Signing a Lease
A lease is a legally binding document. An excellent booklet you should acquire before signing a lease is "Tenants Rights", published by the Attorney General. Copies are available free of charge when ordered from online under the subheading "Housing."
Know Your Rights and Responsibilities
New York City's 311 hotline responds to complaints about landloards, New York State Division of Housing and Community Rental can answer question about rent stabilization laws and rent regulated apartments.
Homes and Community Renewal
(866) ASK-DHCR / (866) 275-3427
Department of Housing Preservation and Development