Going To Be Laid-Off? Rent An Apartment In NYC!
This is a related post to Going To Be Laid Off? Buy A Condo In NYC! Apparently, the Archstone-Smith Trust Apartments have read my post because they have initiated their version of the assurance program. Those who sign or renew their lease by March 31, 2009 will be able to walk away from their lease in the event they are laid off. Tenants would have 45 days to terminate their rental contracts without a penalty upon submitting proof of job loss.
The offer will be valid at all 14 apartment communities Archstone currently operates in New York. The apartment communities can be found in Clinton, Chelsea, Midtown, Upper East Side and Upper West Side.
Read more about it here.
2 comments
I credit hyundai’s assurance program with starting this trend. It’s a great idea to retain/grow business in an environment where people are scared to make a commitment for more than a few months.
Clinton, Chelsea. Had to read that twice as I’m not a NYer. Ha!
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