2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… requires owners to pay their brokers fees instead of the longstanding practice of charging the renter On Nov 13th a … NYC law firm Herrick He pointed to other rezonings in Long Island City the Garment District and Midtown South that will … rate will spend most of the year in the sixes with a shortlived spike above 7 percent but never getting below 6 …

By Jennifer White Karp |January 2, 2025 - 12:30PM