Found 3 blog entries tagged as Rentals.

NYC Council Passes ‘Broker Fee Bill’

New York City Broker Fee Bill

The New York City Council has passed the Fairness in Apartment Rentals (FARE) Act, shifting the responsibility of paying broker fees from tenants to landlords. The legislation, approved by a 42-8 vote, aims to alleviate the financial burden on renters by prohibiting brokers from charging fees to tenants when representing landlords exclusively. The bill is set to take effect 180 days after passage, pending any veto from Mayor Eric Adams.

  • The Real Estate Board of New York, the New York Association of REALTORS®, and The Hudson Gateway Association of REALTORS® have strongly opposed the bill.

  • The FARE Act does not affect rental policy in Westchester County.

Ralph’s…

474 Views, 0 Comments

Read Full Post

Dr. Ruth’s Lakehouse Listed for Rent

Dr. Ruth Westheimer's lake house is now available for rent. This charming 2,512-square-foot property, located right on the water, is listed for $6,500 per month. Built in 1978, the house features three bedrooms, two bathrooms, and an open living area layout. It also includes a cozy deck with a porch swing, offering a serene view of the lake, along with a patio that provides easy access to the water. Dr. Ruth lived in the home for many years prior to her passing earlier this year.  Read MoreCourtesy of

OneKey® MLS

353 Views, 0 Comments

Read Full Post

Demand for Residential Rental Properties Still Strong

With potential home owners finding it tough to buy their first home, there is still strong demand for rental units, judging by rental price trends. REALTORS® reported rents that are higher compared to a year ago.

Rising rents add an additional incentive for homeownership. Homeownership provides families with enhanced lifestyles—and a chance to cap major parts of their living costs.

 

 

From National Association of REALTORS®

 

By: Jed Smith
Published: November 12, 2013

 

1819 Views, 0 Comments

Read Full Post