Condo owners: Beware this tricky fine print in the contract before you rent

… Q When I rented out my condo through a major NYC real estate firm they had me sign an exclusivity to rent contract However buried within this contract was a clause that states that they also … renter within 180 days from when the lease was signed the brokerage gets a 6 percent commission  To parse the terms of …

By Virginia K. Smith |December 7, 2015 - 11:59AM
Decoding "key money," an old school NYC real estate gambit

… we decode them one buzzword at a time No matter how much money you earn the idea of having to pay a 12 to 15 percent brokers fee to rent an apartment in NYC these days will likely make you …

By Virginia K. Smith |November 18, 2015 - 9:59AM