In a win for tenant rights, New York City's mandatory broker fees—often a significant financial hurdle for renters—are on the brink of elimination. The City Council just passed the Fairness in Apartment Rentals Act (FARE Act), which aims to shift the responsibility for broker fees…
When it comes to your business, signing on a commercial lease can be a significant investment for your company. For young companies just starting to expand, hire more employees or looking for a storefront, the criteria for a proper commercial lease could be a complicated…
Apartment hunting in NYC is notoriously challenging. It’s easy for people in this situation to feel desperate if their search isn’t going well. You want to make sure, however, that you are not letting the pressure of the search affect your good judgement, or you…
Mayor Bill de Blasio continues to reveal additional affordable housing programs as part of his Housing New York 2.0 plan to create 300,000 affordable housing units in the city by 2026. The two new programs are projected to help at least 2,100 families over an…
Everyone in NYC knows that living here is expensive. In fact, if you are moving here from another city, you can expect to pay approximately twice the rent for half the apartment you currently have. What you might not know, however, is just how much…
Anyone who currently resides in New York, or who is looking to move to the big city, has likely faced a number of sleepless nights asking this exact question: Should I rent property or should I own? Although there is no easy resolution, a recent…
New York City housing agencies that rely upon and apply federally received funds each year toward costs to subsidize housing for the metro area’s most financially challenged residents are worried. In fact, notes a recent New York Times article, what they see when they survey…
Battling with your landlord in housing court or facing eviction are experiences tenants should not have to face alone. If Intro 214-A passes, they won’t have to. Intro 214-A is a bill proposing that people below a certain income level have a guaranteed right to…
If you are a renter in New York City, you’ve most likely heard about the tenant blacklist. But what, exactly, is it? You may wonder if it’s more myth than fact. NYC landlords do indeed have tenant blacklists. You may be surprised, however, to learn…
Airbnb experienced a tenfold increase in booking between January of 2010 and June of 2014 in NYC. This translates to big money for NYC residents who use the rental platform. Revenue by renters utilizing the site has also increased. One estimate has these numbers doubling…
Over 38,000 market-rate rental units are estimated to be built in New York City by 2019. This estimate, calculated by an online real estate company called Ten-X, also claims that the majority of the newly developed apartments will be located in Queens and Brooklyn. If…
This is an extremely common question. And while friends and family may think they know the answer, relying solely on their advice can be risky. A lease is a contract, and both parties are obligated to meet the terms. As a tenant who wants out…
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People often make the mistake of trying to manage a landlord-tenant dispute on their own. Without experienced legal counsel, however, it is easy to make the situation worse. We are skilled at negotiating with landlords, and fighting evictions in housing court and Supreme Court.
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