We’re excited and grateful for the opportunity to demo RentHackr at the next NYTM on June 5th!
The New York Tech Meetup has grown to over 22,000 members from all parts of the New York technology community. They’re huge! The venue is the beloved Skirball Center, holding 860 + the event is simulcast to General Assembly and New Work City + it’s livestreamed for anyone on the internet.
This is by far the largest audience that we’ve ever demo’d RentHackr to. We can’t wait to get feedback from a wider audience. We’re hoping to unveil some new features, too.
Thanks Hackrs!
Power Consumption, Map Design, and Meaningful Amenities
This great map project by the School of Engineering and Applied Science at Columbia University shows NYC’s complete power usage, broken down to an estimate for your own apartment building.
We have a long list of amenities on the RentHackr roadmap that we want to enable people to search and filter by. Building amenities are on the top of our list, things like a doorman, elevator, and roof access. It’s a tough design challenge to add amenities info into a map in an intuitive way. Kudos to the team at Columbia for pulling off this rich map in a way that everyone instantly understands.
I’m not so sure that energy consumption will be a determining factor for renters in choosing an apartment, but I can see it being useful in lots of other ways.
What are the amenities that mean the most to you in selecting your apartment to move into? Tell us and we’ll add them to our list for RentHackr.
Manhattan Rents at All-time High
“I got a letter in the mail notifying me that they wanted to raise my rent,” he said. “I looked at it and just started laughing. I could not believe they were serious.” He immediately began to look for a new apartment.
A rent increase is one of the main pain points that RentHackr was created to address. RentHackr gives users a place to compare realtime rents versus your neighbors and your neighborhood. RentHackr’s price transparency enables renters to make the best decision: is it time to move, or am I better off staying where I am with an increased rent?
In our last post, we talked about NYC rent regulation and the average rental cost for a NYC apartment. The average rents felt like a steal to most, since the average was $1050 for rent stabilized and $1369 for nonregulated. These averages are drawn down by cheaper apartments in the outer boroughs.
Well, here’s a look rents isolated to Manhattan, courtesy for the NYTimes. There’s the painfully high rent we’re familiar with! Rents are stronger than they ever have been, floating above $3000 and closer to $3500 in 2011. At the same time, the vacancy rate for September, the highest month of turnover, is near it’s lowest point in 5 years. It’s kind of a perfect storm for landlords, and against renters, as rents in Manhattan rebound to record highs.
Visit RentHackr.com today and find out if you’re paying too much for rent. If you’re already a user, come back and see all the new rents. There’s more data added every day.
NYC Apartments Covered by Rent Regulations Infographic
According to this report, the vacancy rate for NYC rentals is 3%. That means that 97% of the market is unknown to renters as we try to determine if our rent is fair. RentHackr is solving this problem by sourcing lease information from current renters (from the 97%), and not from listings for vacancies.
Renters have no way of knowing when 97% of the market is going to come up for lease or become an available apartment. RentHackr is solving this problem by displaying predicted availability for each apartment added by our users, based on what renters are planning to do. RentHackrs are able to find out about apartment availability months in advance, even before the landlords.
The nice infographic on NYC Rentals is from this piece by the NY Post. We’ve taken the useful bits about rent regulation and put them together for you below.
Rent Stabilized - 45%
About 45.4 percent of the housing stock is rent-stabilized — where the rent can be raised by a maximum of 3.75 percent a year. The average rent of those apartments is $1,050 a month.
Nonrergulated - 39%
The average rent for a nonregulated apartment is $1,369 a month.
Rent Controlled - 1.8%
About 1.8 percent of the city’s rental-housing stock is rent-controlled, according to the city’s 2011 housing-vacancy survey. The average price of the city’s 38,374 rent-controlled units is $800 a month.
To qualify for rent control, a tenant or family member must have been inhabiting the unit continuously since before July 1, 1971. For that reason, rent control is slowly waning to a close.
If they file paperwork with the state, landlords can raise the price of rent-controlled units by 7.5 percent a year until it reaches the “maximum base rent,” determined every two years by the state based on real-estate taxes and other building operating expenses.
We’re looking into enabling users to see if a building has rent stabilized units on RentHackr.com. Do you want to be able to see rent stabilization?
RentHackr @ SXSW 2012
We’d barely let RentHackr into the world when I raced off with @marivicgirl to tell everyone we could find at SWSX what RentHackr is and how it’s useful for them.
With a very minimal budget and just a few days. Our plan was to show up at key events and make fast friends. We tagged RentHackr on the many surfaces at SXSW that were created to be tag friendly.

At The Daily SXSW Pool Party, we met some good old friends and made some fun new ones. The highlights were a chat with @ceonyc in the pool, and a chance to catch up with @andymorris by the BBQ. These conversations are leading to follow up meetings back here in NY.
At Grindspace’s excellent popup space right outside the convention center, Marivic tagged their paper table. That led to an interview with a roaming “proxybot.”
Apparently the @proxybot was livestreaming/lifestreaming the entire SXSWi, though I can’t find any of the footage now.
We hit the Foursquare courts on our last afternoon. They had these great big chalkboards. RentHackr represented on the boards.
All this low key marketing worked, but to a very limited degree. The quality of our interactions was very high, but it was with way too few people. We found people were excited to hear about RentHackr. They felt the pain of renting in a market with poor visibility. They sensed it was broken and they really wanted a fix. RentHackr needs to fill that gap and be the best fix for them. We know we can do a lot more to reach and serve people better. And we’re looking forward to bringing it at SXSW 2013 ;)
Hey renting public,
We’ve all had our heads down coming up with some great updates. Now you can see first crops of the fruits of our labor. We have a sweet new map that shows you our data in the most straightforward way, just points on a map.
We’ve got some visualizations in store, and we’d like to know from you what kind of information you’d really like to have to make use of renthackr. Remember, any information you want to get is also information someone’d have to give, so keep the golden rule in mind. It’s what keeps our community going.
Hit us up at our feedback page.
There are good landlords, there are bad landlords, and then some are downright criminal.
These particular slumlords had been abusing the system spectacularly. Their trick was to keep transferring ownership of the building between LLC’s, each owned by different but connected people. Whenever the city or the tenants tried to force the owner to fix the issues (essential issues of habitability, like exposed raw sewage, children exposed to lead, etc), they would just claim it was no longer their building and that ownership has transferred.
To solve this situation Orgnet tapped into obfuscated information and used it to find a solution. They connected the dots and followed the money trail like Prezbo from the Wire. Using social graphing, they found out how these LLC’s were all linked between two families, who had links to a bank. That bank kept transferring mortgages between the llc’s, and those LLC’s allowed the slumlords to take money from the buildings without putting anything back in. And using this info, they got convictions and won cases.
Renthackr hopes to empower the renter in the same way. Help visualize the obfuscated and bring light to the darkness.
Take a look at our demographic data, available at http://www.nycedc.com/economic-data/demographics
Thanks for your enthusiasm and help suggesting station sites for the NYC Bikeshare program!
As of September 20 at 3:30pm, the City has received 5,566 individual station nominations and 32,887 support clicks.
Want to see how they look in terms of location and density? Here’s a heat map illustrating the number of suggestions and supports per square mile as of September 19.
Average Home Sizes Around the World
The floor area and room sizes are the smallest in Europe - the average room in a newly built dwelling in France is 26.9 square metres, compared with 15.8 square metres in the UK - and, the graph below shows how British new-builds are less than half the size of those in the United States and Australia.
Now it would be interesting to break down NYC, and urban America, separately.
via http://news.bbc.co.uk/2/hi/uk_news/magazine/8201900.stm
Learn the Lingo
“Winged” X bedroom - What, is my apartment a fucking a Pegasus? If my apartment is “winged” it better fly my ass to fucking work every morning, and take a dump on my ex boyfriend’s car. No, what they mean by this is that your apartment does not have a living room. A winged three bedroom is actually what in every other city/country is a two bedroom with a living space. Ah New York, the only civilized city I know where Lebensraum is a luxury, not a right.
“Railroad style” - Prepare to have your shame publicly broadcast to your roommates.
“Boxed bedrooms” - Shit ain’t got closets. Which is great, because it’s not like you OWN THINGS.
“Small” - I know I’m in for a doozy if they admit to the apartment being small. I clam up and get a feeling of GNAWING FEAR in my stomach as I a brace myself to be lead through what is nothing short of an urban habitrail. Throw in a wheel and some food pellets and I’ll sign the lease today!
“Steps away from XYZ” - Hyperbole at its finest. Fucking Kobe Bryant steps, maybe. On an island roughly the width of Roman Polanski’s rape vacation fortress, “steps away” can literally be used to describe anything. In Brooklyn, I am “steps away” from Manhattan. In Chinatown, I’m “steps away from the East Village.” On avenue D, I’m “steps away” from a comfortable place where I don’t have to worry about getting mugged and sexually assaulted.
Avenue C - Probably closer to D.
Between avenue B and C = Avenue C
Perfect for students = perfect for broke people who can’t afford anything but shit.
“Exposed brick!” - Do people actually like exposed brick? “You know, this apartment would be SHIT if wasn’t for all this EXPOSED BRICK. I’LL TAKE IT!”
Kitchen = living room with a stove in it.
Living room = hallway with a stove in it.
dishwasher = this is a typo. What they meant was gangbanging bedbugs.
backyard = an outside-ish space full of garbage from previous tenants where you can contract west nile.
“huuuuuuuuuge, sick deal, best, roof partay!, sweeeeeet” - empty words used by foreign Borat-lookalike brokers to lure naive young people into looking at shittacular apartments.
Williamsburg = Bushwick.
East Williamsburg = Really fucking Bushwick. Bushwack’d Bushwick.
Tell me, brokers, how far east does Williamsburg extend? The grand stop on the L? Or perhaps the Balkan mountain range?
Pets. You have four categories for pets.
1. Pets ok: this is like finding a fucking hundred dollar bill in a garbage bin of medical waste.
2. Pets not ok: at least they’re honest. Dicks, but honest.
3. Pets on a case by case basis: BRINE SHRIMP and Tamagotchis ONLY.
5th floor walk-up: the stages of grief
1. Denial: Guys, this will be great for us! We’ll get extra exercise and the view is great!
2. Anger: WTF DID THEY PUT IN ANOTHER FLIGHT OF STAIRS? AND DID THIS STAIRWAY GET NARROWER? FUCK YOU, STAIRS (multiply this x INFINITY if you are moving things).
3. Bargaining: Ok, I’ll meet you halfway down the stairs to give your keys. That’s the best I can do.
4. Depression: This usually entails me crying and eating Popeye’s at the bottom of the stairs and debating on sleeping on the floor.
5. Acceptance: You were a bad idea. I regret you, and will never make this mistake again.
6. Teleportation while drunk: How did I get up here? I can’t even fucking walk, let alone climb 10 FLIGHTS OF STAIRS.
4. Let’s Talk Brokers
Broker Fee: at least they’re being upfront about the fact they’re trying to rob you.
Negotiable fee: “lolz i want money but i’m desperate so…let’s work something out where you still feel violated and i can go get bottle service at da club, k?”
No fee: this apartment is shit. Take it and some waffle fries FO’ FREE.
“Oh, I’ll just call this one broker to see a specific apartment and won’t let them sucker me into seeing other crap.”
This was me a year ago—nubile, naive, and ready to keep my options open. Take into consideration the following things: 1. this apartment does not exist. It is a mirage. There is probably a nice Yuppie couple living in the apartment in those pictures. They’re probably paying 3x whatever you are willing to pay, and that apartment was never available in the first place; it was only posted to lure you into going to their sketchy broker company, signing a contract (and signing away your legal right to rent any of the apartments you see at their real, un-inflated cost). Let it go and move on.
“Oh, that apartment wasn’t available but you’ll show me other ones just like it in my price range? That can’t be too bad!”
Brace for inevitable shit show. This includes apartments HUNDREDS of dollars outside your price range, miles outside your location, vermin-infested dumps, apartments in the initial fuck phase of renovation, etc. All these can be yours and more for the low brokerage fee of one month’s rent. Once you sign that stupid contract KILLSELF is the only option. Especially once you see the same apartment you looked at for 600 dollars lower than the broker advertised and you can’t rent it because you’re legally bound to a pile of shenanigans and horse apples.
Almost every apartment being shown by brokers (fee or no fee) will be listed by a management company for significantly cheaper and less of a hassle. Not to say that management companies don’t suck donkey balls too, but at least you’ll get to deal directly with them and not have it mediated through someone whose fucking Devry degree or stand-up comedy career didn’t pan out.
If you see an apartment listed on CL that you like, but it’s listed by a broker (fee or no fee), check to see the address. Does it say some steaming bullcrap like “LOWER EAST SIDE AT MANHATTAN ST.?” If yes, then the apartment is available for cheaper. PROTIP: if you google-map the address “Lower East Side at Manhattan Street” your computer will implode and incinerate you immediately. Less retarded brokers will simply omit an address or just give you the neighborhood as in “EAST VILLAGE GEM STEPS AWAY FROM —the moon, al gore, my bff jill, etc—”
5. You finally find a place you love and apply. You might get fucked over for no reason. A. Someone else might apply for the place who sucks less than you. B. Someone else might be willing to pay more than you. 4. The apartment was never available and they just wanted your application monies. Go home, drink your tears, start search over, repeat.
6. A memo to STUYTOWN, PETER COOPER VILLAGE, ETC.:
Putting a bookcase in the middle of a room does not make it two rooms. I am sick of seeing ONE BEDROOMS listed as THREE BEDROOMS.
“lol, all u gotta do is put a bookcase here, install a wall here, then put a door in that wall, and then pull out the copy of Milton’s PARADISE LOST in the bookcase, thus activating the secret door. Take that path, race up to the observatory, spin the sundial and pass into the room of the golden idols. Once there, push down on their faces to release the doors, that may take you below or lead you into the shrine of the silver monkey.
Assemble the statue there and you may be headed for the torch room. If the elevator is up, you could jump into the elevator and descend into the mineshaft. You might climb up the ladder or plow through the stone wall. Find the key and it may unlock the tombs of the ancient kings, allowing you to climb into the spider’s lair. If you escape, you may have a chance to sit upon the throne of the Pretender. If the correct door is unlocked, you’ll be able to crawl into pit of despair and finally make you way through the cave of size, back to the temple gate.
The choices are yours and yours alone.
Good luck!”