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Apartments -
Adina In The Press
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Wednesday, 04 March 2009 14:05 |
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Adina was quoted in the Article, "Renters Face Pink Slip Problem" over at the real deal. Here is an exceprt.
As more New Yorkers face the reality of living with a suddenly unemployed roommate and paying the rent becomes an issue, those who are still employed are often forced to find new apartments at a moment's notice. That, in turn, is drastically changing the dynamic of how landlords, tenants and brokers go about making deals.
Adina Azarian, president of Adina Equities, which represents landlords in exclusive deals, said last month that one of the landlords she works with sat down recently with three roommates to renegotiate the lease of an $8,250 three-bedroom Gramercy duplex rental apartment. The tenants were recent MBA graduates with finance jobs, but one of the roommates, who is from Dubai, was laid off and lost his work visa. Meanwhile, the other two were forced to take 35 percent pay cuts to keep their jobs...
To read the full article, go to the Real Deal. |