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Judge criticizes NYCHA tenants for ‘frivolous’ AI lawsuit

Judge criticizes NYCHA tenants for 'frivolous' AI lawsuit

AI-Generated Lawsuit Dismissed by Manhattan Judge A judge in Manhattan criticized tenants from NYCHA for submitting what he called a “garbage” lawsuit before dismissing the case last week. The lawsuit, filed by residents in Chelsea, aimed to stop the demolition of older public housing units and replace them with affordable market-rate homes. However, it appears […]

NYC area shakes off its industrial past to attract big tenants

NYC area shakes off its industrial past to attract big tenants

Hudson Square Gears Up for a Bright Future Hudson Square, nestled in Manhattan’s Lower District, has become a bustling hub for technology and media giants. Spanning the area between Clarkson and Canal Streets from north to south, and West Street to Sixth Avenue, this trapezoidal neighborhood is pulling in big names. In just the last […]

New broker fee law in NYC is being ignored by crafty real estate agents, claim tenants: ‘Taking advantage of a loophole’

New broker fee law in NYC is being ignored by crafty real estate agents, claim tenants: 'Taking advantage of a loophole'

This issue goes beyond the surface. Landlords in New York City are employing deceptive methods to bypass new regulations that ban renters from being charged broker fees, as reported. Numerous prospective tenants are encountering unexpected “management” or “technology” fees that seem oddly reminiscent of traditional broker fees that they used to pay. “They really know […]

Rent Board’s rules on lease increases won’t help tenants, according to landlords.

Recently, the Rent Guidelines Committee moved closer to harming the housing market by proposing rent increases that fall below what landlords need to cover their costs. Most members, appointed by Mayor Eric Adams, have tentatively approved rent hikes of 1.75% to 4.75% for two-year leases, and 4.75% to 7.75% for one-year leases. The board is […]