NYC broker fee bill becomes law without Adams’s signature

… a statement on Friday The era of the captive tenant may finally be over The law requires that a landlord who hires a … New Yorkers about the new law In the past NYC renters have paid broker fees of 10 to 15 percent of the annual rent even … landlords to raise rents But its worth noting that the bills implementation falls under the Department of Consumer …

By Celia Young |December 16, 2024 - 3:00PM
I went to a showing for a no-fee rental. Why did the agent ask for a broker fee?

… for any renter but there is one legitimate reason why an agent would ask you for a fee at a nofee unit If you hired an agent or a broker and asked them to arrange a tour of this … to what it sounds like a nofee listing doesnt mean that an agent isnt getting paid Instead the landlord has agreed to …

By Celia Young |July 17, 2024 - 12:30PM
Elaborate apartment scams on Instagram can cost renters thousands—along with their pride

… real estate listings its no wonder fraudsters have taken to social media to target unsuspecting renters But what is shocking is … recommended that victims do report scams to the agency   Victims can also complain to the Office of the New …

By Celia Young |July 9, 2024 - 1:30PM