News for hackers. Stuff that matters.
Re:The Average New Yorker Spends $10,454 in Upfront Costs fo... by sneeze-slayer on Tuesday February 20, 2024 @10:15PM (#39449758)
But nearly every apartment has a broker fee, not just rent-controlled units. Plus, my understanding is that a rent-controlled apartment is pretty rare to actually come to the market, lots of landlords are refurbishing them and removing the rent control.
Re:The Average New Yorker Spends $10,454 in Upfront Costs fo... by chii on Tuesday February 20, 2024 @10:44PM (#39449913)
> a rent-controlled apartment is pretty rare to actually come to the market

doesnt mean it's not being exchanged - it just means it's not "public", and the exchange is done privately therefore you dont hear about it.

Re:The Average New Yorker Spends $10,454 in Upfront Costs fo... by burnerthrow008 on Tuesday February 20, 2024 @10:38PM (#39449876)
Sure, but the crazy-high broker fees always seem to be associated with highly desirable apartments.