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December 2024 Client Town Hall

Nest DC

Question: Are there are any city programs that assist HOAs with funding issues that are impacting the proper function of condo buildings? I heard there might be some type of city grant to address the influx of run down apartment and condo buildings that are result of delinquencies.

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Bye-Bye Broker Fee

American Apartment Owners Association

The New York City Council approved new legislation on Wednesday that will eliminate hefty upfront broker fees for most renters. In New York City, unlike nearly every other place in the country, tenants are often forced to fork over a fee, on top of their rent, to a broker hired by the landlord before signing their new lease.

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