News: Brokerage

REBNY launches NYC Lease, a new site for lease forms

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.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,