Where To List Your Apartment For Rent – This two-bedroom apartment from BlueGround at the Excel in Clinton Hill, Brooklyn, starts at $7,920 per month for a minimum 30-day stay.
Renovating your New York City apartment involves more than finding a reputable contractor and choosing your finishes and appliances. It also usually requires you to relocate, at least while most of the work is going on – and your kitchen and bathroom are off limits.
Where To List Your Apartment For Rent
But short-term rentals are harder to find and typically cost 20 to 30 percent more than long-term leases.
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Because? “More transactions, that’s expensive for landlords. Most landlords are looking for long-term tenants,” says Philip Lang, co-founder and chief business officer of real estate brokerage agency Fee, a BRIC sponsor. Tenants seeking short-term stays are competing with those needing corporate housing (paid for by their companies) who are willing to pay more for flexible leases, he says.
Editor’s note: A previous version of this article was published in August 2022. We present it again for January 2023
You’ll find the most listings for short-term rentals in the spring, but that’s also when asking rents are highest, says Philip Horrigan, founder of LeaseBreak, a short-term rental listing site. Rents are also notorious for summer start dates thanks to all the internets that populate the city
With BlueGround, you’ll spend weeks finding and decorating your new home From studios to two-bed spaces, each of our Turkey apartments is thoughtfully designed and fully furnished from top to bottom. We offer a hassle-free experience and the flexibility to stay as long as you want – 30 days, a year, or longer. During your stay? You’ll enjoy reliable support through our app, where you can request everything from house cleaning to extra towels Check out over 500 unique apartments in Williamsburg, Midtown, and other NYC areas and compare prices here.
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Generally, NYC rentals do not allow short-term stays There are some landlords who will rent furniture directly to tenants on a short-term basis, but most buildings have a one-year minimum. And most co-ops frown on short-term lodging, and some condo buildings even forbid them.
However, there is no need to rely on the flexibility of landlords and co-ops and condo buildings to find short-term rentals.
Thanks to hosting sites and industry disruptors like Blueground (fee, a Brick sponsor) and Sonder, New Yorkers looking for short-term rentals have more options than ever before. Even corporate housing is an option (with you picking up the tab).
Whichever path you take, be strategic about the timing of your renewal Co-living companies and even traditional landlords may offer discounts or allow shorter terms during the winter, when they want to fill unoccupied units. If your short-term lease ends in the spring or summer, landlords are able to find a new tenant and charge that person more.
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Keep the above points in mind and use these seven methods to find the best short-term rental while you’re renovating your NYC apartment.
This helps you pay rent in the immediate neighborhood so you can get on with your regular routine (like walking your kids to school or visiting the dog park)—and not have to spend time shopping for groceries and other essentials. Just as importantly, it will be so easy to monitor the reno work to ensure that it is running at the right pace
Use your local knowledge of where the great rentals are and stop by and ask the doorman or concierge about any current or upcoming vacancies (they always know). If you play your cards right, they may be able to hook you up with a landlord or tenant before a unit is officially on the market – clear to look for something other than a regular annual lease.
As with regular rentals, many short-term rentals are posted on general listing websites, although you may have to do a little digging to find them.
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On StreetEasy and Realtor.com, for example, you can use advanced search options to filter for furnished apartments and/or sublet apartments, both of which are more likely to allow short-term rentals.
NYHabitat recently launched a new feature that lets you search for short-term rentals in its no-fee apartment database with multiple listings in Manhattan and Brooklyn. RentHop lets you search for sublet/lease breaks, furnished apartments, or even short-term rentals. Or you can go for a lease break
“One good way to find a short-term rental is to take over someone’s lease for the remaining months,” Horrigan says. (In that case, a new tenant will assume the other’s active lease with the landlord’s approval.)
Changes to rent laws in 2019 make it a little easier for tenants to get out of a lease early if necessary. Landlords have a duty to abate what they owe, which means they must try to re-rent the apartment instead of taking you to court for unpaid rent. And as lease breaks become more acceptable and common, tenants will have more short-term lease opportunities to lease someone with the remaining months — often at far below market rates, Horrigan says.
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In addition to lease breaks, the site has grown to include other legal short-term options such as furnished month-to-month rentals, furnished sublets directly from tenants for a specific time frame, and rooms to share. “We’re known as a ‘short-term marketplace’ – with thousands of lease breaks in one place! We also have sublets, rooms for rent and companies like Bluegrounds and Furnished Quarters that specialize in short-term rental listings directly with us.” (Those and other companies below.) discussed.)
Whenever possible, renewals take longer than planned – look for a short-term lease with extension options – this will inevitably happen. Find out in advance how much notice you will have to give and if it is negotiable at all It is safe to say that you will need to notify them at least 30 days before the extension
As the center of so many industries, NYC has long been flush with corporate housing providers that help companies find short-term accommodations for their executives and employees.
Furnished apartments are ideal for New Yorkers in the middle of a renovation project who don’t want to make too many decorating decisions. Those that come with the rent include utilities and WiFi, reducing setup work
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Recently, these established companies are rebranding themselves as long-term accommodation providers for students, international travelers, and even families, with ample multi-bedroom units for the latter.
Prices are still higher than the bare minimum, but if a fitness center, children’s playground, rooftop lounge, and other amenities are important to you, these Manhattan properties may be your best bet. Be sure to factor in a 30-day minimum stay
Most of these places require you to submit an inquiry form to see actual prices and availability For example, Premier Furnished Apartments has about 80 units in Manhattan (no pricing information on its website). Churchill Living has 15 properties in Manhattan (and one in the Bronx); Starting prices range from $179 to $399 a night (with two higher-priced outliers). At Furnished Quarters, which has a handful of properties in Brooklyn, studios and one-bedrooms start at about $139 a day, in addition to extensive listings in Manhattan — larger apartments and buildings with amenities cost more.
Midtown West’s Executive Plaza is a monthly rental with studios starting at $169 a night, one-bedrooms for $219 and two-bedroom/two-baths for $349.
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Cipriani Club Residences is a Beaux-Arts building at 55 Wall Street in the Financial District with 106 furnished apartments. Prices and availability are given upon request only
There are a growing number of extended-stay options that are based on a hospitality model, and you can choose the one that best suits your budget. You may be able to negotiate a lower rate, especially during the off season
AKA has expanded properties in four Manhattan neighborhoods (Central Park, Times Square, and Sutton Place, and Nomad by spring 2023). It offers a hotel-like experience with free WiFi, housekeeping, coffee and tea service, and a gym, lounge, screening room and business center. Rooms range from studios to penthouse suites, all with gourmet kitchens.
Studios anywhere and one-bedrooms in Manhattan (Chelsea and Fide) are furnished with workspaces (complete with monitors and wireless keyboards and mice for your laptop), and buildings have co-working spaces, so you won’t miss a beat. If you work from home full or part time Other amenities include in-unit laundry and access to the fitness center, pool, and rooftop deck. Rates start at $3,870 per month with a 30-day minimum stay
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Both Sonder and Blueground lean more toward residents than tourists, with stylish spaces in desirable neighborhoods (mostly in Manhattan). Prices start at $4,350 for a one-bedroom through Bluegrounds and range from $172 to $379 a night.
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