Principal Residence: University apartments must be the principal residence of the University employees who occupy them. NYU Faculty housing is for the primary residence of the Tenant and for no other purpose. If at any point a University apartment no longer becomes the primary residence, notice is required within thirty days and may require cancellation of lease. Continuing documentation of principal residence status is a requirement.
Divorce: In the event of divorce or separation, only the person whose name is on the lease has a right to remain in an NYU apartment. In cases where a family is made up of two NYU housing eligible affiliates, only one primary residence is permitted.
Size: If upon signing a lease, the child (or children) is older than 18, a lease rider outlining a step-down to a smaller apartment after a certain number of renewals may be required. This step-down provision also applies to families with housing accommodations for a parent.
Retirement: At retirement, tenants who have no alternative housing option may be eligible to downsize to a studio. The move to a studio must be made prior to retirement. Questions about eligibility can be addressed to the Faculty Housing Office. You may also refer to section 44 of the lease.
Death: The surviving spouse or domestic partner of the faculty member may enter into a new lease of up to two years commencing with the faculty member's date of death, as long as the spouse or partner occupied the apartment as a primary residence at the time of the faculty member's death. You may refer to section 43 of the lease.
No School 'Ownership' of Apartments: When an apartment is vacated, it is reassigned to the general pool and not automatically transferred to a new tenant from the same school.
The University's housing policies and procedures may be modified and/or updated by the University at any time.
These documents highlights some of your rights and responsibilities as a Resident in NYU Faculty Housing and is not intended to be all inclusive. For additional information, please refer to your lease or contact the Cushman & Wakefield or the Faculty Housing offices.
As of July 1, 2016 all new NYU leases and renewing leases will require tenants to provide proof of Renters Insurance within thirty (30) days of the commencement of the new lease term. This measure will protect your personal property in the event it is damaged or destroyed as well as provide liability coverage in the event of an injury or loss to a third party while in your apartment.
New York University requires that all residents have renters insurance. NYU's group insurance program allows you to receive quotes from three of the nation's most respected insurance carriers. As an employee of NYU, you are automatically eligible to apply for policies with special discounts. To arrange for insurance, please visit or call the company below or a provider of your choosing.
Proof of renters insurance is required within 30-days of the lease start date. Once obtained, please submit a copy to Cushman and Wakefield located at 2 Washington Square Village #1-U (across from the lobby entrance of 2 Washington Square Village).
When calling you may be asked a series of questions the amount of property coverage desired, amount of liability coverage needed and what, if any, high end possessions you may want listed under your policy. Conducting a personal inventory is a key part of obtaining the appropriate amount of coverage. A good source for a guide to a personal inventory is the “Conducting a Personal Inventory” page on the Traveler’s website. See: https://www.travelers.com/personal-insurance/renters-insurance/personal-property-inventory.aspx. Additionally, you may be asked questions about the building in which you live:
If you require assistance answering and of these facility related questions, please contact the Client Services Center at 212.998.1001 and your call will be addressed by our Facilities Management team.
NYU allows pets in its residential buildings. A pet deposit of $500 is required at lease signing and may be returned to you upon move out if no pet damage has occurred. Please review your lease for the full terms and conditions of pet ownership.
NYU has fortunately not experienced a serious problem with bed bugs. Please review NYU's protocol and policy regarding bed bugs. We have found bed bugs in fewer than 0.01% of NYU apartments and dorms. While these numbers are extremely low, the memo posted below lists facts about bed bugs, explains the protocol for reporting a suspicion of bed bugs, and gives information about NYU’s responsibility and tenant responsibility in the event bed bugs are found in an apartment.
To sign-up for Payroll Deduction please complete the required form and return it to Cushman & Wakefield, NYU's property manager. Please note that applications take up to one month to process, depending on the payroll cycle. Additionally, employees paid bi-montlhy and Medical School employees are not able to enroll in Payroll Deduction.