avatar

Morning Headlines: Broker Fee Ban Shows Modest Rent Impact, Federal Tax Law Threatens State Budget, and Final Chance to See Manhattanhenge This Year, and Hot Train Cars

NYC NOW
NYC NOW
Episode • Jul 11 • 11m
A month after New York City banned broker fees for most renters, a StreetEasy report shows rents rose only slightly, easing fears of a major spike. Meanwhile, state officials warn the new federal tax law could leave a $3 billion hole in New York’s budget. Friday and Saturday bring the year’s final Manhattanhenge sunsets, with prime views on cross streets like 14th and 72nd. And in transit news, riders are dealing with sweltering subway cars, a judge has approved Mayor Adams’ plan to remove protections from a Bedford Avenue bike lane, and work continues on a $16 billion rail tunnel linking Midtown and New Jersey.

Switch to the Fountain App