Will the Fed Cut Rates This Week? And the Battle Over Broker Fees in New York
BiggerPockets Daily
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Shifting Broker Fees: A Legal Battle in New York City's Rental Market
This chapter explores a new law in New York City that prevents landlords from imposing broker fees on tenants, effectively transferring financial responsibility back to landlords. It also discusses the legal challenges posed by real estate organizations and the broader impact on the rental market and tenant affordability.
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