NYC defends broker fee law against 'unpersuasive' REBNY lawsuit in court

… challenging the citys new broker fee law in a court filing on Friday calling for the suit to be thrown out The city … broker are a significant barrier to moving or entering the rental market the citys court filing said The citys response … violates a brokers first amendment right to publish an open listingwhere multiple agents advertise an apartment …

By Celia Young |February 28, 2025 - 3:30PM
How to tell if your NYC apartment building is protected by the new Good Cause eviction law

… behind you So I would talk to other neighbors in the building  But Good Cause doesnt apply to every marketrate tenant in NYC Roughly 61000 buildings are covered under the law … through the Department of Buildings website  Head to the DOBs Building Information System and click the link that …

By Celia Young |December 26, 2024 - 9:30AM
NYC broker fee bill becomes law without Adams’s signature

… legislation shifting the burden of paying a broker fee to landlords became law on Friday and will take effect in … sign off Adams declined to sign the Fairness in Apartment Rental Expenses FARE Act within a 30day window after … to inform New Yorkers about the new law In the past NYC renters have paid broker fees of 10 to 15 percent of the …

By Celia Young |December 16, 2024 - 3:00PM