NYC real estate firm fined $260,000 for charging sky-high broker fees

… Skyhigh broker fees drew headlines last year but this year theyre drawing fines New Yorks Department of State reached a … in 2022 as first reported by the New York Post City Wide Apartments agreed to pay a $50000 fine $210000 to the dozens … brokers for charging exorbitant fees above the industry standard of around 12 to 15 percent of a years rent There is …

By Celia Young |January 31, 2024 - 1:30PM