
Photo by PoPville flickr user Pablo Raw
“Dear PoPville,
After three and a half years together, my boyfriend and I recently started looking for an apartment – our first shared space! – around Lanier Heights to build a home in for the medium term. We were very charmed by a one-bedroom unit at the Argonne, a recently renovated interwar building at 1629 Columbia Road NW, listed on both third-party websites and management company CIM Urban Real Asset’s own site at $2198. After a showing during which the agent consistently repeated this same amount, we decided to move ahead with the application process.
$340 in fees later, a surprise came buried in some pre-lease documentation which CIM is required by law to provide: the official rent for the unit was recorded at $3267, a grand and change more than the number which had been represented to us. I did a little digging to find out what might be lurking here: fortunately, owing to an excellent set of online resources and firsthand accounts from people who have been taken advantage of (including a 2015 PoP post) I didn’t have to search long.
The rent discount/concession scam has gotten enough press in the last few years that I imagined CIM might show some flexibility if we ask specific, informed questions that showed we had no illusions about what was going on. Instead, we were met with dishonesty and misdirection. The agent told us that the $3267 was a “maximum rent” level supplied by the city, characterizing it is as a bureaucratic or bookkeeping device out of the company’s hands. The lease we were forwarded made it clear this was not the case: $3267 was, on any plain reading of the main lease and “Lease Addendum for Rent Concession or Other Rent Discount,” in fact the official rent for the unit, modified by a $1069 “discount” offered by the company as a discretionary “consideration for agreement to remain in your dwelling and fulfill lease obligations.”
Being neither rich nor stupid, and having read about the nightmares of others who’d lost money and homes to the concession scam, we made our case carefully. (more…)