By Charles V. Bagli
The New York Times

The bill looked like a shoo-in to pass.

After nearly a year of painstaking analysis and tough negotiations, the Bloomberg administration, the City Council, housing advocates, lenders and real estate developers had hashed out a measure intended to revamp a popular tax-break program so it would generate more relatively affordable housing while restricting subsidies to luxury high-rises like Trump World Tower. It was all done with a minimum of grousing.
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By Lisa Colangelo
New York Daily News
After a loud, raucous meeting punctuated by the chants of angry tenants, the Rent Guidelines Board last night approved hikes of 3% for one-year leases and 5.75% for two-year leases on the city’s 1 million rent-stabilized apartments.

“Zero! Zero! Shame! Shame!” tenant advocates screamed, drowning out speeches given by board members.
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Glenn Roberts of Inman News reports that the Missouri Real Estate Commission has construed Kansas City Premier Apartments’ business to “constitute the practice of a real estate broker … and/or as a real estate salesperson” and, accordingly, required the company to obtain a real estate license. Kansas City Premier Apartments provides a free service to renters and is paid by the property owner. KCBA has filed suit against the Missouri Real Estate Commission.

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Several times a month I hear from different agents who believe that their offers to the listing (Seller’s) broker have not been communicated to the Seller.

Lauren Elkies of the Real Deal recounts this theme in her June 2007 article “Co-brokerage and commissions in conflict.”

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