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  2. NYC considers ending broker fees for tenants, angering real ...

    www.aol.com/news/nyc-considers-ending-broker...

    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 ...

  3. Good guy clause - Wikipedia

    en.wikipedia.org/wiki/Good_guy_clause

    Property law. A good guy clause, typically found in rental agreements in New York City, is a provision that allows a tenant to be released from the liability of completing the agreed upon rental period, assuming the tenant vacates the rented space and leaves it in favorable condition.

  4. Air rights - Wikipedia

    en.wikipedia.org/wiki/Air_rights

    New York City Air Rights Map; Herships, Sally (18 November 2013). "The Air Up There". Marketplace. Archived from the original on 22 November 2013 On the current state of New York City's air rights and their market. Troy A. Rule, Airspace and the Takings Clause, 90 Washington University Law Review 421 (2012).

  5. 425 Park Avenue - Wikipedia

    en.wikipedia.org/wiki/425_Park_Avenue

    670,000 square feet (62,000 m 2) Design and construction. Architect (s) Foster + Partners. 425 Park Avenue is an office building in New York City redeveloped by L&L Holding and GreenOak Real Estate, with a design by architectural firm Foster + Partners. Work on the new structure began in 2016, and the building was completed in October 2022.

  6. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    Assuming a 5 percent total commission under that model, here’s roughly what sellers could expect to pay based on the price their home sells for: Home’s sale price. Seller’s agent commission ...

  7. Real-estate industry rocked by $1.8 billion verdict ... - AOL

    www.aol.com/finance/real-estate-industry-rocked...

    Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees Alena Botros, Sydney Lake October 31, 2023 at 8:16 PM

  8. Hudson Yards (development) - Wikipedia

    en.wikipedia.org/wiki/Hudson_Yards_(development)

    Technical details. Cost. US$25 billion. Buildings. 10, 15, 30, 35, 50, 55 Hudson Yards, and The Shed. Size. 28 acres (11 ha) Hudson Yards is a 28-acre (11 ha) real estate development in the Hudson Yards neighborhood in Manhattan, New York City, between the Chelsea and Hell's Kitchen neighborhoods. It is located on the waterfront of the Hudson ...

  9. Net lease - Wikipedia

    en.wikipedia.org/wiki/Net_lease

    A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.). In such a lease, the tenant or lessee is ...