A proposed cap on commissions. Sweeping new rent regulations. The Real Deal talked to six players in New York City’s residential space about the new pain points they’re feeling in a sector that’s getting squeezed from all sides. Below Bold New York’s Jordan Sachs discusses the gray areas in the state’s rent regulations, the lack of a grace period for the law and the financial burden that brokerages now face. Read the full story — […]
source https://therealdeal.com/2019/08/21/jordan-sachs-on-new-regulations-when-does-it-stop/
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