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Updated over 6 years ago on . Most recent reply

User Stats

68
Posts
6
Votes
Lyle Cooper
  • NEW YORK, NY
6
Votes |
68
Posts

Approval process for Manhattan condo rental

Lyle Cooper
  • NEW YORK, NY
Posted

I am in the process of renting out my Manhattan condo in a somewhat boutiqu-ish building. There are 12 units. How long does the typical approval process take? The board is suggesting 3-4 weeks which would kill my chances of renting to this particular applicant. What actions can I take to pressure the board? The condo board wants $500 per application. One for the tenant and one for the guarantor. Does that number sound out of line? Sounds very high to me.

I think the board is trying to be obstructive to prevent me from renting the unit out.  

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