Dear City Limits readers,
It’s been a difficult time for New York City’s renters. In 2023, just 1.4 percent ([link removed]) of apartments across the five boroughs were vacant and available for rent, the lowest rate in decades. Options were even scarcer for low-income tenants.
At City Limits, we’re committed to covering issues that impact renters, such as who’s covered by the state’s new ‘Good Cause’ eviction law ([link removed]) , how much your rent is allowed to go up ([link removed]) under the new rules, why a spot on the Section 8 waitlist ([link removed]) is so coveted – and who should pay those pricey broker fees ([link removed]) .
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That’s at the heart of a debate in the City Council this week, over a bill that would prohibit landlords from passing those costs onto new tenants. Last year, the average upfront cost for renting an apartment with a broker fee was more than $12,000, one estimate found. We spoke to tenants, landlords and brokers about what the policy change would mean for them.
As a nonprofit newsroom, we need your help to support our work. If you value our reporting on being a NYC renter, please consider making a donation today ([link removed]) . Your contribution powers our newsroom and ensures City Limits can continue covering issues that matter.
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Have a renter-related question our reporters should look into? Email us:
[email protected] (mailto:
[email protected])
Many thanks,
Jeanmarie Evelly
Executive Editor at City Limits
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