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

… 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 … $50 late fee is not a priority these days Lifshitz said … Differences for coops rentstabilized tenants … Coops however …

By Celia Young |February 19, 2025 - 3:30PM