Q:
I keep seeing Pre-War in apartment descriptions, what does that mean?
A:
The term Pre-War is used to describe buildings built before World War II. The description generally infers that the apartment has a large layout, high ceilings and hardwood floors. Often pre-war apartments also have fireplaces.
Q:
What is a convertible apartment?
A:
Some apartments offer additional space that may be converted to additional sleeping area. For instance, a one bedroom with a large dining area may be converted into a two bedroom if the dining area is large enough, offers light and air and meets certain safety criteria.
Q:
What is a Junior Four?
A:
The number of rooms in an apartment often connotes its designation. For example, a two bedroom has four rooms counting the kitchen, living room, master and second bedrooms. A junior four refers to an apartment with additional space such as a dining area. One bedroom with dining area is considered a junior four as the room count adds to four, however there are not two bedrooms.
Q:
If I can find a no-fee apartment, why would I pay a broker?
A:
Real estate brokers provide a valuable professional service. Renters can meet with a broker, discuss their criteria and the broker will scan the available listings and set up appointments. Additionally, brokers often have relationships with smaller landlords who do not have on-site leasing offices. The only way to gain access to some buildings is through a broker.