Brokers are sounding the alarm on one unintended potential consequence of the new rent law— and it most acutely affects those new to New York. Since apartment owners are no longer allowed to charge more than one month’s rent as a security deposit, landlords may not be able to rent to the droves of international students in New York City who come to study at universities like NYU and Columbia. Adam Frisch, managing principal at […]
source https://therealdeal.com/2019/07/25/another-victim-of-the-new-rent-law-international-students/
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