FAQ

General Questions
WhatCan I use a guarantor?
Yes. Guarantors must generally document annual income equal to 80 times the monthly rent. For example, if the rent is $1,000 per month a Guarantor should earn $80,000 or more annually to qualify. A Guarantor must also have a US social security number and a US credit history. Pine Management accepts a maximum of 2 Guarantors and we will consider the sum of their incomes to meet the requirements.
WhatHow long does it take to process a rental application?
Pine Management can process and approve a rental application within a few hours providing the applicant(s) and guarantor(s) have submitted all of the required documentation.
WhatHow much is the security deposit?
One month’s rent is the standard deposit. Additional security may be required under certain circumstances.
WhatHow often is the list of available apartments updated?
Listings are updated on a daily basis. As soon as Pine Management is informed of a status change we will post the new information. To see our current listings CLICK HERE. To be added to our emailing list CLICK HERE.
WhatIf I’m applying with roommates does each person have to sign the lease?
All Tenants (including Roommates) and Guarantors must fill out separate applications, pay the appropriate application fee, and provide all the necessary paper work (see rental application).
WhatMay I store items in the hallway, public corridor, or common area?
NO. Due to various building and fire codes, we CANNOT allow the storage of ANY items in the hallways, public corridors, fire escapes, or common areas.
WhatShould I get renters’ insurance?
Yes. Although renters’ insurance is not a requirement, we highly recommended it. You may be surprised at how inexpensive a policy to protect your belongings can be.
WhatWhat checks do I need at the lease signing?
Pine Management ONLY accepts certified checks, bank checks, or cashier’s checks at the lease signing.
WhatWhat income do I need to qualify?
Tenants are generally required to have an annual income equal to 40 times the monthly rent. For example, if the rent is $1,000 per month, an applicant should document no less than $40,000 a year in income. If the apartment is to be shared, the sum of all applicants’ income may be considered.
WhatWhat is a Guarantor?
A Guarantor (also known as a co-signer) is a person who agrees to be equally responsible for all of the rules, regulations, and guidelines of a lease for the entire term. A Guarantor will be responsible if the tenant is unable to pay the rent or otherwise breaches the tenancy agreement.
WhatWhen is my rent due?
Rent is due on or before the first of every month.
WhatWhere do I send my rent payments to?
Rent payments should be mailed to the Pine Management office at: 78 Manhattan Avenue. New York, NY 10025.
WhatWho do I make my rent check payable to?
Rent checks must always be made payable to the name of the LLC that owns the building. This can be found on the top of your rent statement. Also, please note your account number or apartment address and number on the checks.
WhatWho should I contact if I need repairs in my apartment?
You can submit a work order in our Resident Portal, call our office (212-316-2114), or email repairs@pinemanagement.com.
WhatWill my security deposit earn interest?
Yes. Security deposits will earn interest subject to bank regulations.