Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises... 

Giving no reason is effectively the same as having no opinion.  

.:  10% return relatively risk free due to less interest payment and more principle paydown without significantly effecting the leverage ratio.   

How long a stretch does it run to provide proper slope to drain the water effectively?

I must admit their sales pitch is effective.

A good property manager can guide you in selecting properties that will attract a tenant segment with a high concentration of reliable people.Access to cost-effective resources for renovation and repairs.Lease terms enforcement.

Looks like is passed in 2022, effective this year.

If the appraisal came in lower then what was being using originally that could effect the rate/terms.

It's a strategy that has proven effective time and again.Five years is a solid timeframe to account for market fluctuations and ensure profitable sales.

Hi @Julie Philpott it depends where you are in Franklinton to feel the full effects of those new developments.