StreetNoise

The net effect of shifting the broker fee, a 'tenant bill of rights,' & more

By Jennifer White Karp| February 14, 2020 - 11:00AM

Emily Myers for Brick Underground

Rents jumped 6 percent for about 7,000 NYC listings in response to a ban on tenant-paid broker fees to landlord's agents (which was then halted by a judge), according to a PropertyClub study (Patch)  

Comptroller Scott M. Stringer wants to enshrine a “Tenant Bill of Rights” that would require landlords to share critical information with their renters about their housing rights (Brklyner)

Michael Bloomberg, the presidential candidate and former NYC mayor, once pointed to the end of the discriminatory practice of redlining as contributing to the 2008 financial crisis, according to newly surfaced comments (The New York Times)

Overall NYC foreclosures are down year over year, but Manhattan is trending up, according to PropertyShark (press release)

Fearful of the coronavirus, many restaurant goers and shoppers are steering clear of Manhattan’s Chinatown, despite zero cases in NYC (cnbc.com)

A tale of two very unlucky New Yorkers who got bedbugs—twice (Curbed)

 

 

 

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