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The fees are steep, typically totaling as much as 15% of the annual rent, about $7,000 for the average-priced New York City apartment. NYC bans unusual practice of forcing tenants to pay real ...
Brokerage firms estimate that roughly half of the city’s apartments require a tenant-paid broker fee. The price of those fees can vary widely, though the standard amount is 15% of the annual rent. For the average apartment in Manhattan, where the median monthly rent recently hit $4,500, that would amount to a fee of $8,100.
It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to a real estate ...
Failure to provide these may allow the tenant to receive a lower rent. [4] Outside of New York City, the state government determines the maximum rents and rate increases, and owners may periodically apply for increases. In New York City, rent control is based on the Maximum Base Rent system. A maximum allowable rent is established for each unit.
East New York: 19 8 and 14 1,586 June 30, 1958: Long Island Baptist Houses: East New York: 4 6 233 June 30, 1981: Louis Heaton Pink Houses: East New York: 22 8 1,500 September 30, 1959: Marcus Garvey Houses Brownsville: 3 6 and 14 321 February 28, 1975: Marcy Houses: Bedford-Stuyvesant: 27 6 1,705 January 19, 1949: Marcy-Greene Avs. Houses ...
The Cherokee Apartments as seen from 78th Street and Cherokee Place. The Cherokee Apartments (formerly the East River Homes and the Shively Sanitary Tenements) is a four-building apartment complex on 507–523 East 77th Street and 508–522 East 78th Street on the Upper East Side of Manhattan in New York City.
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