Your apartment search plan

Another big issue? Some people don’t think pets are a big deal, but some apartments don’t allow them, says Malin. Make sure you’re upfront with your broker or the apartment owner.

This summer is one of the roughest in years for the real estate market.  Rentals, high in demand yet low in supply, are making apartments more costly and harder to find. Gary Malin, president of Citi Habitats, tells us how to survive the summer market.

Do your homework

“First and foremost, preparation is key to a successful search,” Malin says. “A lot of people don’t do enough homework, so when they get [to an apartment they like] they realize they’re missing a lot of paperwork and end up [losing out on the unit]. Typical documents needed to rent an apartment in NYC include your last two years of tax returns, two recent bank statements, two recent pay stubs and an employment verification letter that states your annual salary. If you are self-employed, then a letter from your accountant would be required along with tax returns.   In addition, it  helps to have a letter  from your current landlord saying you pay your rent on time, and are a good tenant.”

Know your non-negotiables
“It’s important to say to yourself, ‘what are the things that I absolutely can’t give up?’ Prices are pretty high, vacancies are low, and you’re probably going to have to make some sacrifices along the way. Maybe you’re going to get a studio instead of a one bedroom, live in the East Village versus the West Village. It’s good to ask yourself, ‘what are the items where if I can’t have it, it’s not like I’m not going to be able to proceed?’”

If you love it, take it
“Sometimes apartments are rented in a matter of hours. If you love the first apartment you see, put down an application because three hours later it might be gone.”

Be open to others’ ideas
“Don’t get honed in on one area and one area only. It’s important to be open to suggestions. No matter what the circumstances are, you’re probably going to be paying a lot of money in rent, so it’s important to see what opportunities exist. You might find the ideal apartment but not your ideal location, but once you factor everything else in, you say to yourself, ‘You know what, I’m glad I took a look at this.’”

Timing is everything
“The ideal time to look for an apartment is within 30 days of your desired move-in date. For example, if you’re looking to move into your new home on Oct. 1, then you would begin the search in early September.”



News
Entertainment
Sports
Lifestyle
International

Sierra Leone Ebola patient, recovered from family, dies…

An Ebola patient whose family sparked a nationwide hunt when they forcefully removed her from a treatment center and took her to a traditional healer has died.

Local

VIDEO: Cop reassigned as NYPD investigates alleged head…

An officer alleged to have stomped on a Brooklyn man's head last week had his gun taken away and placed on modified duty.

National

New York Times calls for legalization of pot

The New York Times editorial board on Saturday endorsed a repeal of the federal ban on marijuana, becoming the largest paper in the nation to back the idea.

National

Two injured after cable snaps on Ohio amusement…

(Reuters) - A cable on a large swing ride at an Ohio amusement park snapped and struck two riders as the swing was in motion,…

Music

Newport Folk Festival: Photo gallery of 35 moments…

As has been the tradition since Bob Dylan plugged in a bajillion years ago, the Newport Folk Festival embraces more musical genres than its name implies.

Music

MKTO: Behind the bromance

MKTO's Malcolm Kelley and Tony Oller talk about the American Dream tour, Demi Lovato and getting turned down by girls.

Arts

James Earl Jones and Rose Byrne head to…

Two-time Tony winner James Earl Jones returns to the New York stage next month as an eccentric grandfather in a revival of the 1930s comedy…

Movies

Box office: Scarlett Johansson wins battle of brains…

Scarlett Johansson's "Lucy" handily dispatched with Dwayne Johnson's "Hercules" over the weekend.

MLB

Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.

MLB

Joe Torre: I'm in Hall of Fame because…

Joe Torre spent 18 years putting together a near Hall of Fame career as a player. But it was the 12 years he spent as…

MLB

Yankees GM Brian Cashman breaks down art of…

The action frequently accelerates as the non-waiver trade deadline approaches, as it will on Thursday.

Auto racing

Jeff Gordon captures fifth title at Brickyard 400

Jeff Gordon captures fifth title at Brickyard 400

Wellbeing

This Week In Health: Friends share similar DNA,…

Friends share similar DNA, study finds Location: U.S. Study subjects: Nearly 2,000 people Results: When it comes to our social networks, it seems that birds of…

Education

Are liberal arts colleges turning away from the…

Bryn Mawr College, a small women's college located just outside of Philadelphia, announced last week that it would be making standardized tests like the SAT…

Education

Recent grads discover school superintendent plagiarized parts of…

  Two recent high school graduates made a surprising discovery about the commencement speech their school superintendent delivered at their graduation: portions of it was copied…

Career

Feeling stuck? Get out of the entry-level job…

Television and movies may be littered with 20-something characters who seem directionless when it comes to their careers, but author Mary Traina says she finds…