- Renters Guide
- For Owners
Home › Resource Centers › Resources for Renters › Glossary of NYC Real-Estate Terms You Might See On Your Rental Lease
Some apartments for rent in NYC are available in condominium buildings, which usually allow owners of condos to sublet their apartment to anyone they want. Because Condo Apartments in NYC are discreet pieces of property that, though they are physically part of the building, come with their own deed, are taxed individually, and are wholly owned by an individual, there is no need to go before a Board of Directors to get approval. New York City Condo apartments for sublet can be found in newly constructed or gut-renovated buildings, including many of those gorgeous contemporary, luxury buildings that popped up all over this past decade. For more information on NYC Condos, and as compared to NYC Co-ops, see the Urban Edge Condo versus Co-op Guide.