Tuesday: June 25th.
At this hour: New York City has more than eight million residents. More than 65 percent of them are renters, one of the highest percentages in the country.
Last week, their rent laws changed drastically. State lawmakers passed legislation to keep more apartments inside New York’s regulatory system, and they created new limits on how much landlords can charge tenants up front and throughout the year.
This is terrible for landlords and property owners and great for rent controlled and rent stabilized tenants, we will break it down.
Also at this Hour: Everyone in a real estate transaction or deal as we call it needs to pay attention. Attention to detail can make or break a deal. What and who is involved in pre-contract signing due-diligence?
Why is this so important and can deals go side-ways… yes all the time.. we will discuss.
— withPhilip Horigan.