New landlord: 10 tips if you're renting out a NYC apartment for the first time

… you must know New Yorks rental laws prepare a comprehensive lease and ensure adequate insurance coverage Be prepared for … fees on owners calculated either as a percentage of an apartments monthly maintenance or a percentage of the rent … in the approval process  and can deny your rental applicant without giving a reason The board can also dictate the …

By Jennifer White Karp |September 30, 2025 - 3:30PM
FARE Act takes effect: What NYC renters need to know about the new broker fee law

… law that shifts responsibility for most broker fees from renters to landlords will go into effect tomorrow after a … Since the fee is usually 12 percent of the annual rent the Fairness in Apartment Rentals FARE Act removes a … the new law A broker can be fined $500 to $2000 for illegally collecting fees The New York Department of State …

By Jennifer White Karp |June 10, 2025 - 3:00PM
Should you get a smaller rent increase under Good Cause? A new tool helps you figure it out

… Thousands of tenants across New York City are entitled to smaller rent increases this summer under a new law Good … and JustFix launched an online questionnaire that enables renters who input their addressplus some extra informationto … evidence so that they can be confident in asserting their rights said Joel Stillman coCEO of JustFix which developed …

By Celia Young |April 24, 2025 - 2:30PM