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March 25th, 2026, 11:53 AM
#1
Senior Hostboard Member
How is the NYC real estate rental market legal?
Rant here:
Moved my son from an apartement outside the city into an apartment in the city. Now there are plenty of sites to find rentals, but most come with a fee for the agent of up to 15% of the Total annual rent. So on an apartment (Studio) for 2350 in rent the agent fee was 4K!!! How is this not a grift? and why hasn't some saavy attorney filed a class action? I think the agent we dealt with spent about 4 hours with us total ('m being generous here). Its larceny!!!
If we had gotten an apartment under "rent control" it would have been a full 15%. Its insane!
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