RebKell's Junkie Boards
Board Junkies Forums
 
Log in Register FAQ Memberlist Search RebKell's Junkie Boards Forum Index

What's New York banning now?

 
Post new topic   Reply to topic    RebKell's Junkie Boards Forum Index » Area 51
View previous topic :: View next topic  
Author Message
pilight



Joined: 23 Sep 2004
Posts: 60306
Location: Where the action is


Back to top
PostPosted: 02/05/20 8:01 pm    ::: What's New York banning now? Reply Reply with quote

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.



_________________
On Christmas Day, the Gingerbread Man said, ‘Ladyfingers, be my wife.’
PUmatty



Joined: 10 Nov 2004
Posts: 15038
Location: Chicago


Back to top
PostPosted: 02/06/20 10:07 am    ::: Re: What's New York banning now? Reply Reply with quote

pilight wrote:
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.


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.


Display posts from previous:   
Post new topic   Reply to topic    RebKell's Junkie Boards Forum Index » Area 51 All times are GMT - 5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB 2.0.17 © 2001- 2004 phpBB Group
phpBB Template by Vjacheslav Trushkin