Trade Association
Appears in 2 stories
Leading legal challenge against FARE Act
New York City banned tenant-paid broker fees in June 2025. Sixteen months later, enforcement records show some brokers still collect them, under names like "management fees" and "finders fees."
Updated 1 hour ago
Tracking the construction pipeline
New York City finished 38,682 apartments in 2025, the most in a single year since 1965, driven by the City of Yes zoning rewrite and the 485-x rental tax break. The record has since run into complications: permit approvals fell nearly 28 percent in 2025 as tariffs and 485-x's wage rules pushed up costs, and developers began filing permits for buildings of exactly 99 units to avoid the program's higher wage threshold.
Updated Jul 9
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
