The short answer
Stonehenge NYC publicly discloses assignment and sublet costs as a variable administrative item, so these transactions exist in its operating framework—but they are not automatically approved. Ask the building team for the current route, rent, term, application, itemized expenses, and release. A likely replacement should be prepared for Stonehenge's published 40× tenant, 80× guarantor, document, credit, and secure-portal requirements.
Published application rules are strong evidence for applicant readiness. They are not a promise that Stonehenge will approve an exit or apply identical terms to every building, regulated apartment, or transaction.
Evidence check
Stonehenge publishes applicant standards and variable transfer costs—not one release formula.
| Published by Stonehenge | Confirm for your lease |
|---|---|
| 40× combined tenant income and credit verification | Whether the assignment or replacement applicant uses the same test |
| 80× U.S. guarantor rule and approved guaranty options | Which guarantor or institutional program is accepted for this file |
| Stonehenge Access application and digital signing | Who receives the invitation and what final documents are required |
| Variable assignment/sublet line in apartment fee tables | Actual expenses, rent, term, timing, security, and release |
| Stonehenge has directly marketed a unit as an assignment with a separate new-lease option | Whether either structure is available now for your apartment |
Step 1 · Obtain the transaction
Ask the building team for a written route and cost sheet before advertising.
Use the resident contact provided for your building and identify the address, apartment, all leaseholders, lease end date, target move date, reason, and whether everyone or only one roommate will leave. Ask whether Stonehenge will use an assignment, replacement lease, sublet, or surrender.
Opening request
“I need to leave apartment [number and address] around [date], before the lease ends on [date]. Please send the available assignment, replacement-lease, sublet, and surrender routes, including approved rent and term, Stonehenge Access steps, applicant and guarantor criteria, every cost, security treatment, timing, marketing rules, and the document that releases me.”
Choose the route
Assignment, replacement lease, sublet, and surrender allocate risk differently.
| Route | Best fit | Departing tenant |
|---|---|---|
| Assignment | Permanent exit with remaining term preserved | Released only under final assignment terms |
| Replacement lease | Stonehenge prefers a new tenancy | Old lease ends only in signed documents |
| Sublet | Temporary absence with intent to return | Remains prime tenant and normally liable |
| Surrender | Direct negotiated end | Released only under signed settlement |
Applicant qualification
Use Stonehenge's published 40× and 80× baselines to avoid weak files.
| Monthly rent | 40× tenant income | 80× guarantor income |
|---|---|---|
| $3,500 | $140,000 | $280,000 |
| $5,000 | $200,000 | $400,000 |
| $7,500 | $300,000 | $600,000 |
Stonehenge says only U.S. guarantors with Social Security numbers are accepted and identifies TheGuarantors as a partner. Confirm combined-income treatment, credit expectations, and any regulated-unit rules before presenting the applicant as qualified.
Step 2 · Stonehenge Access
Every adult participant should complete the secure application assigned to the deal.
- Identity: color copy of government-issued photo identification.
- Income: employment letter, two recent paystubs, W-2s, tax returns, or CPA letter if requested.
- Assets: complete recent bank statements when requested.
- Credit: unlock TransUnion if needed so the portal can complete verification.
- Household: invite every tenant, guarantor, roommate, and occupant over 18.
Stonehenge says applicants can track the status of roommates and guarantors and receive requests for additional information through the portal.
Costs and permissions
“No-fee” is not the same as “no assignment cost.”
Current Stonehenge apartment pages list assignment and sublet as a variable administrative cost and say tenants may pay listing, advertising, and broker or agent expenses incurred by the landlord. The same tables show a $20 application screening fee and security up to one month's rent, but those figures do not cap the exit transaction. Stonehenge's “no-fee” explanation addresses the landlord's brokerage charge to a normal prospective renter; it does not erase lease-based transfer expenses.
- Request an itemization: management, legal, advertising, brokerage, move, and building charges.
- Separate applicant costs: screening, guaranty, first rent, security, utilities, pets, and amenities.
- Reconcile the old lease: rent, concessions, damage, balances, deposit, and effective release date.
- Get marketing consent: do not republish Stonehenge listing media without written permission.
A usable quote states five things: the amount or calculation, which party owes it, the event that triggers payment, whether it is refundable, and whether it survives a rejected applicant or cancelled transaction.
Permanent replacement
Market only the assignment or new-lease package Stonehenge actually approves.
Confirm gross and net rent, concessions, remaining or new term, earliest start, renewal treatment, furniture, pets, amenities, security, application link, variable expenses, and release. If Stonehenge changes the structure to a fresh lease, update the listing before taking applications.
New York assignment law still applies. Under RPL § 226-b, written owner consent is required. An unreasonable refusal can create a potential release remedy; it does not let a tenant force an assignment. Seek legal advice before relying on that remedy.
Temporary route
A Stonehenge sublet should follow the lease and New York's written request procedure.
For qualifying apartments in buildings with four or more units, § 226-b calls for a certified-mail request containing the proposed term, subtenant name and addresses, reason, tenant's temporary address, co-tenant or guarantor consent, proposed sublease, and lease copy if available. The owner may seek additional information within ten days and generally must answer within thirty days after the request or additional information is mailed.
Rent-stabilized and other regulated apartments have additional pricing, primary-residence, duration, and program requirements.
Approval and release
Close four separate workstreams before anyone takes possession.
- Applicant: every person, document, credit, guarantor, pet, and portal condition is cleared.
- Documents: every required party digitally signs the approved instrument.
- Money: rent, security, variable expenses, credits, and private reimbursements are reconciled.
- Handoff: condition, cleaning, keys, insurance, access, elevator, furniture, and move timing are documented.
If no agreement is reached
Mitigation may reduce damages after move-out, but it is not a planned release.
Under RPL § 227-e, a residential landlord generally must take reasonable and customary steps to re-rent after a tenant vacates in violation of the lease. Disputes can remain over notice, vacancy rent, fees, concessions, condition, and the adequacy of re-rental efforts.
Also check whether a protected termination right or defense applies. The NYC protected-exits guide covers qualifying military, domestic-violence, senior or disability moves and serious habitability circumstances.
Avoidable mistakes
Five errors create most Stonehenge assignment delays.
- 1
Advertising before receiving the approved route
A takeover label cannot establish the legal transaction, rent, term, or release.
- 2
Quoting $20 as the total cost
The screening fee is separate from variable assignment or sublet expenses.
- 3
Sending an underqualified applicant
Use the published 40× and 80× baselines and current credit instructions.
- 4
Leaving adults out of Stonehenge Access
Every adult tenant, guarantor, roommate, and occupant must complete the assigned process.
- 5
Confusing approval with release
Confirm the signed effective date and all conditions before stopping performance.
End-to-end timeline
A Stonehenge lease exit moves through six documented stages.
- 1
Review
Read the lease, riders, building rules, concessions, and notice clause.
- 2
Request
Obtain route, economics, application, permissions, costs, and release terms.
- 3
Market
Advertise only confirmed rent, term, dates, condition, and qualification.
- 4
Apply
Submit one complete Stonehenge Access file for every required participant.
- 5
Sign and settle
Complete documents, funds, expenses, security, and release conditions.
- 6
Handoff
Document condition, cleaning, insurance, keys, access, and the move.
What I help with
The goal is one accurate offer, one qualified file, and one unambiguous release.
Clarify terms
I organize the questions and cost items Stonehenge must confirm.
Find the renter
I market the approved deal and pre-screen the 40× or guarantor path.
Coordinate closing
I align the portal, documents, money, release, condition, and move.
Compare the broader NYC lease-break guide, the management-specific Rose Associates guide, and the assignment-evidence-focused Gotham guide.
Frequently asked questions
Stonehenge NYC lease-break, assignment, and sublet questions.
Can I break a Stonehenge NYC lease early?
Possibly, but Stonehenge does not publish one automatic early-termination formula. Its current apartment fee disclosures expressly identify assignment and sublet costs as variable, showing that those routes exist in its paperwork. Ask your building team whether it will approve an assignment, replacement lease, temporary sublet, or negotiated surrender, and obtain the exact terms in writing.
Does Stonehenge NYC allow lease assignments?
Stonehenge apartment fee disclosures list “Assignment/Sublets” as an administrative item with a variable amount. That is evidence that the company anticipates these transactions, but it is not blanket approval. New York law and your lease require written owner consent, and the current building instructions control the rent, term, applicant, costs, and release.
How much does a Stonehenge lease assignment or sublet cost?
Stonehenge’s current public fee tables label assignment and sublet costs as variable and state that the tenant may be responsible for listing, advertising, and broker or agent expenses incurred by the landlord. Ask for an itemized written quote for your apartment before advertising or hiring anyone; do not treat a regular $20 application screening fee as the total exit cost.
What income does a Stonehenge replacement tenant need?
Stonehenge’s current application portal says combined tenant income must equal at least 40 times monthly rent. A $4,000 apartment therefore corresponds to $160,000 in annual household income. Confirm that the regular-rental rule applies unchanged to the assignment or replacement-lease structure offered for your apartment.
What are Stonehenge’s guarantor requirements?
The public application portal says combined guarantor income must equal at least 80 times monthly rent and that only U.S. guarantors with Social Security numbers are accepted. It also identifies TheGuarantors as a partner while noting that applicants may use another qualified insurance program approved by Stonehenge.
What documents does a Stonehenge applicant need?
Stonehenge publicly requires government photo identification and may request an employment letter, two recent paystubs, W-2s, tax returns, a CPA letter, and bank statements. Every tenant, guarantor, roommate, and occupant over 18 must complete the application, and credit and background checks run through Stonehenge Access.
How does the Stonehenge Access application work?
After an apartment and transaction are approved for application, Stonehenge sends a personalized secure-portal invitation. The applicant invites adult roommates, occupants, and guarantors, uploads requested records, tracks status in the portal, answers follow-up conditions, and signs digitally after approval. The outgoing tenant should not create or promise an unofficial application route.
Is the Stonehenge application fee $20?
Current public apartment fee disclosures show a $20 application screening fee. That ordinary screening charge is separate from any variable assignment or sublet expenses, guaranty premium, moving cost, security requirement, rent balance, concession repayment, or privately agreed brokerage fee.
Does Stonehenge’s “no-fee” advertising mean an assignment is free?
No. Stonehenge explains that “no-fee” means a prospective renter is not charged a brokerage fee by the landlord’s agent. Its apartment fee disclosures separately list assignment and sublet charges as variable and say a tenant may owe listing, advertising, and broker or agent expenses incurred by the landlord. Ask which party owes each charge, what triggers it, and whether it is refundable.
Is a furnished or flexible Stonehenge lease the same as a sublet?
No. Stonehenge says some properties may offer furnished apartments or flexible terms, but those are landlord-issued rental products. A sublet keeps the original tenant in the legal chain, while an assignment transfers the remaining lease interest if approved. Confirm the actual document, term, rent, and liability structure instead of relying on “flexible” or “furnished” marketing language.
Can I sublet a Stonehenge apartment?
Ask Stonehenge for written consent and follow your lease and New York Real Property Law § 226-b. For qualifying apartments in buildings with four or more residential units, the statute provides a written request process and limits unreasonable withholding. An approved sublet normally leaves the prime tenant responsible for rent and lease compliance.
Is a Stonehenge lease takeover the same as an assignment?
“Lease takeover” is a listing term. An assignment legally transfers the remaining lease interest to an approved renter; Stonehenge might instead terminate the old lease and issue a new one. The final management documents determine the rent, term, renewal, deposit, and whether the departing tenant is actually released.
Can I advertise a Stonehenge apartment myself?
First obtain written permission and the approved transaction terms. Stonehenge’s public website says its listings may not be republished without written consent, and its fee disclosures say assignment or sublet tenants may owe listing, advertising, and broker expenses incurred by the landlord. Market your apartment and your own photos only within the permissions you receive.
How long does a Stonehenge assignment take?
No universal public timeline surfaced. Allow time for route approval, terms, marketing, a complete Stonehenge Access application, credit and document review, signatures, funds, insurance, and move scheduling. Portal status is useful, but applicant approval is not the same as an effective release.
Am I released when Stonehenge approves the applicant?
Not automatically. Approval, digital lease or assignment signing, payment, possession, and release are separate checkpoints. Continue performing your lease until signed documents state the date your liability ends and resolve rent, security, condition, keys, and remaining conditions.
What happens to the security deposit?
Stonehenge’s public fee disclosures show security can be required up to one month’s rent, but no universal assignment deposit-transfer policy surfaced. Ask whether management returns the outgoing deposit, applies a documented credit, or collects new funds. Avoid an informal tenant-to-tenant transfer that conflicts with the final documents.
What if I leave without a signed Stonehenge release?
You may remain liable for rent and other obligations. New York Real Property Law § 227-e generally requires a residential landlord to take reasonable and customary steps to re-rent after a tenant vacates in violation of the lease, but mitigation is a damages rule—not advance permission to leave or a guaranteed end date.
Sources
Current Stonehenge, New York, and NYC sources.
- Stonehenge Access application requirements and workflow
- Stonehenge NYC general FAQ
- Stonehenge apartment fee disclosure including assignment/sublet costs
- Stonehenge first-party assignment and alternative new-lease example
- New York Real Property Law § 226-b
- New York Real Property Law § 227-e
- New York Attorney General residential tenants' rights guide
- NYC Rent Guidelines Board subletting FAQ
Reviewed October 26, 2026. This is practical information, not legal advice. Stonehenge publishes strong applicant and fee-category evidence, but no public source reviewed stated one universal approval, fixed assignment/sublet expense, release, deposit-transfer, or timeline policy. The lease and current written building instructions control.
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