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negotiating a new lease -- best way?

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negotiating a new lease -- best way?

Postby mschilton » Mon Apr 28, 2003 3:46 pm

Our 2yr lease is up at the end of June, and our LL has sent us a renewal offer with a modest decline in our rent. We know rents have come down since we signed two yrs ago (likely the top of the market) and believe the LL's offer is a little too light.

Question #1: can anyone suggest good sources where we might be able to find data on the city's vacancy rates, rental rates, etc?

Questions #2: best advice for approaching this so that both we and the LL end up in win/win situation, and when should we put forth our counter-offer?

Suggestions welcome.
mschilton
 
Posts: 5
Joined: Tue Nov 05, 2002 2:01 am
Location: upper west side

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