December 9, 2025

New York City renters are used to high costs, but 2025 brought a major shift many hoped would ease the pain: the Fairness in Apartment Rental Expenses (FARE) Act. This new law was designed to eliminate the upfront broker fees that tenants have historically had to pay fees that could reach thousands of dollars on […]

When it comes to leasing and real estate, few terms create as much confusion or strong reaction as rack-rent. While it may sound like old legal jargon, it carries real implications for landlords, tenants, investors, and anyone navigating today’s rental markets. Whether you’re managing property, renting a home, or simply trying to understand the economics