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What's New York banning now?

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pilight

Joined: 23 Sep 2004
Posts: 66901
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Posted: 02/05/20 8:01 pm ::: What's New York banning now?

https://www.nytimes.com/2020/02/05/nyregion/nyc-landlord-rental-broker-fees.html

Quote:

In an unexpected addendum to last year’s rent laws, state regulators said renters can no longer be charged broker fees, potentially upending the market and delivering the latest blow to an industry already reeling from new regulations and sweeping tenant protections.

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PUmatty

Joined: 10 Nov 2004
Posts: 16358
Location: Chicago

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Posted: 02/06/20 10:07 am ::: Re: What's New York banning now?

pilight wrote:

https://www.nytimes.com/2020/02/05/nyregion/nyc-landlord-rental-broker-fees.html

Quote:

In Chicago, apartment brokers are all paid for by the landlord (usually one month's rent for the unit that is renter). It's that way by market, not statute. Somehow the market continues to work well.

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