One month's rent is usually all that is needed for a security deposit, refundable. In condominium buildings, the apartments are owned by individuals, not a single landlord. The owner has the right to decide the amount of rent and security, as well as the length of the lease. In cooperative buildings, individuals own shares in an overall corporation, the number of shares being based on the size and worth of their apartments. Since the building is technically owned by the corporation, there are likely to be many restrictions governing the usage of the apartments by the individual residents.
Manhattan has furnished apartments available for as little as a few months up to a year.
The shorter the lease period, the fewer to choose from. They are usually furnished very tastefully, but will be priced in the middle to luxury range. These apartments come with televisions, phones, linens and kitchen equipment, and are design especially for corporate clients . If you need a furnished apartment for a year and your budget does not allow a furnished apartment, consider an unfurnished apartment and rent furniture yourself. An area adjoining the living room space which can be used for a dining area or be separated or closed off to make a bedroom, den or office.