Rent bludgeoning at the Sovereign
20
May
5/20/2008:
This reader mail from an ex-resident at The Sovereign building uptown sounded odd. They broke the lease early, paid a hefty fine, and apparently are still on the hook for almost $13,000 dollars! Does that sound right to you? Are big developers like Applied that much in the hole that they have to pillage residents so badly?
Anyway, she’s offering anyone who rents that old unit $1000 CASH if you take it by the end of this month:
Get a grand for renting this apartment!
If you rent our apartment by the end of May, weâll give you $1000.00 CASH!!!
“Help us & weâll help you by putting $1000.00 in your pocket!! Hereâs the situation⌠we were a family with 1 child and now expecting another and so we wanted more space and decided to buy a condo; typical Hoboken family storyď Well, we ended up breaking our lease a few months early & the leasing office apparently has been making âbest effortsâ to rent out our unit but 2 months have passed by and the apartment is still vacant and theyâre now hitting us up to pay the rent for unit thatâs no longer occupied. Having said this, weâre offering a $1000.00 CASH incentive to someone to can sign a lease with them for this apt (6 months or 1 year leases are available) by the end of May.
We’re looking to rent our luxury, Very spacious 2 bedroom, 2 bathroom apartment in the Sovereign apartment in the shipyard (2 14th Street). Here is the website that describes the apartment, the place is modern, very upscale, has views of NYC and the water, has a concierge and is STEPS away from the ferry terminal!!! Great bonus!! You can literally see the ferry coming from the apartment!
There is a great outdoor pool, brand new exercise facility with top of the line equipment that’s less than 6 months old, and much much more!!! It’s also a GREAT place for kids as there’s a fantastic playroom and many kid centered activities!
The rent for the apartment is $3495.00 including water.
If interested, please email me at a.gibson@hotmail.com. I’ll provide apt. number and more information.”
While I’d feel bad if someone got zapped with such a huge fine, I sure hope this story is real, and I didn’t just give the Sovereign free advertising!
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Hoboken, rentals, fines, real estate, Applied Housing, The Sovereign
41. josephcampbell | May 21st, 2008 at 5:20 pm
I have a hard time believing that $1000 is going to mean that much to someone who can afford to pay this much in rent every month. However, maybe I’m wrong: rich people can be stingy. My advice: when you get desperate (and I believe you will–no one’s looking for an apartment 2 weeks ahead of time, and Memorial Day weekend is the worst time to unload property) hike up your costs and pay a fee to a real estate agent to rent out the property. I don’t respect their parasitic profession, but at least they’d have the motivation to get someone to sign the lease. The fee is usually one month’s rent, but it seems like that’s in the future anyways.
42. homeboken | May 21st, 2008 at 5:48 pm
The real problem is that the author of the letter let everyone know that they are on the hook for $13,000 more.
If I am looking at your offer, I know what your downside is, and that gives me leverage.
I am not looking for a 2 BR, but if I were, what’s to stop me from saying “Give me $6500 and I will take it, You still are saving $6500″ Or worse. If you say no, Fine. Eat your $13k and I will rent your apartment in 3 months.
Never give away information in a negotiation, bad business.
43. Hobo Ken | May 21st, 2008 at 6:22 pm
They have a pool with “No Kids Allowed”! There is a God!
44. British Hairways | May 21st, 2008 at 9:00 pm
Yeah $1,000 is less that two weeks rent, doesn’t sound like much of an enticement. May have to jack it up to first month free.
45. andynnj | May 22nd, 2008 at 8:37 am
ms0316 wrote:
You sure it’s not kid pee? Sure sounds like there are quite a few [hundred] there.
46. YipYap | May 22nd, 2008 at 8:52 am
I find it hysterical that people complain about the smell of dog pee in the elevators and the parking garages.
What did you really expect when you chose a communal living lifestyle?
FYI, it is no better in NYC where the same problems are only compounded.
47. emarche | May 22nd, 2008 at 11:05 am
Why is that hysterical? The building is occupied by fairly successful people who, more than likely, are well educated and presumably work in a professional environment on a daily basis. Is it really too much expect that they behave like responsible adults?
48. YipYap | May 22nd, 2008 at 11:37 am
emarche - there is no co-op board to choose who gets in. The building owners will take a check from anybody, heck I bet if OJ Simpson or Hugo Chavez wanted to move in the owners of those buildings would be more than happy to accept a rent check or sell them a condo.
Also, as soon as people tolerate he bad behavior of others in their building everything goes downhill.
The real issue is nobody calls them out on it on their bad behavior, they expect other to do it for them whether it be building management or the town of Hoboken.
When you choose communal living it is up to the people who do behave like responsible adults to call out those that do not.
49. ms0316 | May 22nd, 2008 at 10:26 pm
YipYap wrote:
you are wrong. everytime i see a dog owner letting their dog pee on the plants i call them out on it, then i report them to the concierge and let the management office know. it is really disgusting to see the plants that our rent goes to being used as a urial. when i witnessed a dog relieving itselves on the elevator i called the dog owner out and told the front desk.
btw i am a parent and a responsible dog ownr
50. ntableman | May 25th, 2008 at 10:44 am
Did you ever think that people abuse the property as part of a cycle of abuse that starts with a rent like that? Yes, I know it is complicated, they could just move, but they could also be thinking; hell I pay almost 4 grand to live in a 1200$ apt, If I want to pee on the plants I will.
The fact that people patronize that company at all is the sad part. I moved out of “Vinyl Tile Luxury” 10 years ago and have never looked back.
51. emarche | May 25th, 2008 at 8:09 pm
Yip - agreed. And I make a point of calling out every/any bad behavior, to the point that I’m really starting to embarrass my wife (for something other than my usual behavior
)