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New York City’s so-called broker fee ban took effect two weeks ago, and the latest numbers are showing the rental market is feeling its effects.  In Manhattan, median asking rents spiked after the FARE Act’s implementation, while new listings declined sharply, according to an UrbanDigs analysis of rental listings on the city’s Residential Listing Service.  […]

This article originally appeared on The Real Deal. Click here to read the full story.

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