My NYC landlord charges $75 if the rent is three days late. Is that OK?

… In short that fee is too much and too soon Its illegal for your landlord to charge you any late fee unless your rent is more than five days late under state law Late fees are capped at $50 or 5 percent of your monthly rent whatever is less and can only be imposed after five days …

By Celia Young |February 19, 2025 - 3:30PM
NYC mayoral hopefuls want a rent freeze, but tenants may have to wait until 2026

… At least three candidates for New York City mayor have backed freezing the rent at the citys roughly one … are capped by the Rent Guidelines Board a ninemember board of mayoral appointees that voted to raise rents earlier this … follow Assembly member Zohran Mamdani who became the first candidate to support a rent freeze with an …

By Celia Young |December 10, 2024 - 5:00PM