The FARE Act is not likely to result in steeply higher rents for new leases

… to New York Citys broker fee bill argued it will raise rents significantly for new leases but that outcome does not seem likely The Fairness in Apartment Rentals Expenses Act which passed a City Council vote in … with claims that landlords would add broker fees to the rents they charge for new leases in essence creating higher …

By Jennifer White Karp |December 10, 2024 - 4:30PM
What is the tenant blacklist? Can it prevent me from renting in NYC?

… which refers to a background search performed by a renter screening company as part of the rental application process Being shunned by a prospective landlord for being on the blacklist is still a concern but … Read on for more about how the tenant blacklist impacts NYC renters Editors note An earlier version of this article …

By Evelyn Battaglia |October 15, 2024 - 9:30AM