Your Friendly Neighborhood Landlord

When the Landlord Pays the Broker’s Commission Does the Tenant Foot the Bill?

20 min · 2. dec. 2024
episode When the Landlord Pays the Broker’s Commission Does the Tenant Foot the Bill? cover

Description

Recently the New York City Council passed a law that would end the forced payment of broker’s commissions by tenants and put the burden on the landlord. But this victory for the tenants might ultimately backfire in the form of the higher rent that landlords will now pass along.

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