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

… In short that fee is too much and too soon Its illegal for your … fees are capped at $50 or 5 percent of your monthly rent whatever is less and can only be imposed after five days … rent at all not someone who pays late Lifshitz said his own leases note that a $50 late fee can be billed after 10 days …

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