No-fee rentals surge in Manhattan and Brooklyn
Brokers fumed over guidance earlier this year which temporarily put apartment fees in limbo, but now the share of...
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First black “Bachelor” for ABC comes from real estate world
The newest “Bachelor” isn’t just the first black man to hold the role in ABC series history. He also...
National
Small Talk: I Am the Other Person Interested in Buying This Home
Hi there. It’s me, the other person the broker told you was interested in this property. Yes, that’s right:...
Broker-fee ban could boost some startups, doom others
As rental agents descended into apoplexy after a state agency ruled that tenants need not pay their fees, one...
Here’s what TRD’s Instagram followers are saying about the broker fee ban
The sudden reversal of New York’s tenant-pays-broker-fee system last week prompted fierce reaction from agents. In the hours and...
Rental commissions are back — for now
Rental commissions are back! A New York judge granted a temporary restraining order Monday afternoon, halting a Department of State guidance barring tenant-paid rental commissions from going into effect. The guidance, circulated Feb. 4,...
TRD on TV: Erin Hudson talks broker-fee shocker on CBS
TRD reporter Erin Hudson broke the news Wednesday that New York landlords, not tenants, would be obliged to pay...
National
Boston takes a cue from New York, looks to reverse broker fee system
First New York, now Boston? Following New York’s example, Boston is considering eliminating its rental broker fees, the Boston...
Tenant advocates celebrate landlords’ having to pay broker fees
Broker fees have long been onerous and annoying for New York City apartment hunters, who often find themselves paying...
End of tenant-pays broker fees is “death knell” that will cost jobs and up rents, industry says
State regulators have turned New York City’s rental market on its head. New guidance unexpectedly issued by the Department of State reversed the tenant-pays...