In addition to the actual drop in rent there are many other factors to consider when looking at overall rental prices. First, with the down economy there has been an increase in no fee apartment listings. This can accounting for a 12-15% savings to the tenant by not having to pay a brokerage fee for an apartment.

Additionally, many landlords have been offering between 1 month free and 2 months free rent on their apartments instead of dropping the price of the rent. The Financial District, (Fidi) has been one of the best areas to secure free rent. A majority of the buildings let by those owned by Rockrose and TF Cornerstone, primarilly 2 Gold Street, 200 Water St, and 45 Wall Street are offering 2 months free rent at nearly all of their downtown buildings along with no fee apartments. Other buildings such as 37 Wall, 63 and 67 Wall (The Crest), 95 Wall and mostly followed suit with similar incentives.

Other neighborhoods that have seen bargains have been Midtown, The East Village and the Lower East Side.

The Upper West Side is a neighborhood we have seen an increase in no fee buildings over the last year or two. There are typically 15-30 available no fee apartments in the Upper West Side depending on your price point at any given time.

You can check out the article on Curbed at http://curbed.com/archives/2010/01/04/rent_too_high_09_manhattan_rental_report_has_the_answer.php

For information on finding no fee apartments and free rental incentives throughout Manhattan please contact us at info@newyorknofeeapartments.com or fill out our form below.

90 West Street is located on the West Side Highway only blocks from all major subways, grocery stores, New York Stock Exchange, Pace University Downtown Campus, Battery Park and Battery Park city. Studios start at around 400 square feet with a few different layouts available.

If you are looking for a no fee studio apartment in the New York City, Downtown Manhattan, The Financial District, Chelsea, Midtown, Murray Hill, UES, UWS, or any other Manhattan Neighborhood please contact us immediately to schedule an appointment to view any of our no fee apartments.

Conveniently located on 7th Avenue it is close to shops, restaurants, bars, 1 Train within 2 blocks and only 1 long block to the 8th Avenue E train and the 6th Avenue FV lines.

Features: HVAC: Central; Wood Floor; Floor To Ceiling Windows.

400 West 37th Street, Apt. 4-N | Status: Active
Concierge | Rental Property
Size: One Bedroom | 3/1/1 | SF: 626
Rent: $2,490
Available: 10/25/2009 | Term: 12 – 24 months

Web ID: 268857

Features: Wood Floor; Floor To Ceiling Windows.

400 West 37th Street, Apt. 3-Y | Status: Active
Concierge | Rental Property
Size: One Bedroom | 3/1/1 | SF: 554
Rent: $2,470
Available: 11/5/2009 | Term: 12 – 24 months

Web ID: 273949

Features: Terrace; Wood Floor; Floor To Ceiling Windows.

400 West 37th Street, Apt. 7-F | Status: Active
Concierge | Rental Property
Size: Studio | 2/0/1 | SF: 408
Rent: $1,840
Available: 11/15/2009 | Term: 12 – 24 months

Web ID: 326308

Features: HVAC: Unknown Type; Wood Floor; Floor To Ceiling Windows.

400 East 66th Street, Apt. 8-A | Status: Active
Full Time Doorman | Rental Property
Size: Alcove Studio | 2.5/0/1
Rent: $2,250
Available: Immediate | Term: 13 – 13 months

Web ID: 700287

Features: HVAC: Central; Kitchen: Excellent Condition / Total Renovation; Bathroom: Condition / Marble; Window: New Windows; High Ceilings; Parquet Floor; Floor To Ceiling Windows.

This is an automatically generated list of no fee apartments updated Sunday October 25

Newly Renovated Building Features: Gym, Amazing Roof Deck with view of East River, Brooklyn Bridge, Manhattan Bridge. Located Steps from the Fulton Street Subway Station A,C,E, 2,3 J,M,Z 4,5 Trains

Two Grocery Stores within 2 blocks. Lots of Shops and Restaurants. Southstreet Seaport is two blocks away.

Located on Water Street Steps from the south street seaport,

Apartment Features 3 Bedrooms and 2 Full Bathrooms including 1 Master Bathroom.

Corner Unit with Great Views of Manhattan, and the Hudson River.

Best No Fee Apartment Rooftop View in Downtown Manhattan

First, 200 Water Street has some of the largest studio apartments in Manhattans Financial District. I showed a Studio over 500 square feet for under $2000 net effective rent.

What really sets 200 Water Street apart is their affordable convertable three bedroom shares. I’ve written before about how great 2 Gold Street’s layout is for conversion. 200 Water Street has similarly large apartments that are great for conversions or shares with more availability and at a lower price.

200 Water Street has 3 bedroom converted apartments for as low as $1150 per person. There are two specific layouts that have spectacular views of the East River, Brooklyn and Manhattan Bridges.

When converting these apartments you will utilize a company that will install a pressurized wall. There are 2-3 approved contractors per building that are allowed to install the wall. The cost for the wall typically runs between 700 and 1200 dollars depending on the size. Additionally the building typically charges $300 fee for the permission to install the wall.

Inventory is constantly changing. Please contact us for the latest updates and availability for this or any no fee apartment building in Manhattan or New York City.

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