Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws

… gain board approval The laws new onemonth cap on security deposits appears to also prohibit coops from asking … the most obvious being to use a guarantor who will guarantee the maintenance payments or even put the money in … … Many renters can now ask for a refund if they overpaid rental application fees  which are now capped at $20 thanks …

By Emily Myers |October 23, 2019 - 9:00AM
How investment buying has changed as a result of New York's rent reforms

… If youre thinking of buying an investment unit to rent out or small multifamily building in NYC the changes to New Yorks rent laws have complicated the landscape for smaller landlords The hardfought reforms aimed at … Wagner a broker with Bond New York   The luxury market for condos has been slow for a while due to an oversupply of new …

By Emily Myers |August 27, 2019 - 9:00AM