The Real Estate Board of New York (REBNY) announced the launch of NYC Lease, a new online lease store, offering a fluid platform for creating residential and commercial lease agreements tailored to the New York City rental market. This solution simplifies lease creation for landlords, tenants, and real estate licensees.

NYC Lease updates and replaces the prior REBNY lease store. NYC Lease was created to simplify the user experience and provide efficiency for New Yorkers looking for trusted and up-to-date lease agreements. NYC Lease features residential and commercial leases developed by a team of legal and real estate professionals. It also offers users over 20 free riders to further customize a lease.

The site ensures that every lease template is legally sound while offering an easy pay-as-you-go model: $7 per lease for REBNY members and $9 per lease for non-members. NYC Lease also leverages AI capabilities through a chatbot to ensure users have 24/7 support as they customize and complete a lease.

“We're making it easier for individuals and small property owners to access fully vetted, customizable leases without the need for extensive legal resources,” said Carl Hum, REBNY’s senior vice president and general counsel. 

“REBNY is committed to providing valuable resources to the real estate community. NYC Lease is here as the go-to solution for our commercial and residential rental markets,” said Don Laughlin, REBNY’s director of technology.