Most landlords in New York City, typically require a tenant to earn a minimum of (40x to 50x) times the monthly rent. For example, if the monthly rent is $2,000 the applicant should earn no less than $80,000 to $100,000 (40 x $2,000=$80,000). Applicant should have stable employment history and good credit rating. If an applicant does not meet these requirements, a guarantor or extra security may be used.
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