A realtor charged a tenant a whopping $20,000 broker's fee for a one-bedroom Upper West Side apartment initially listed for $1,750 a month, claiming 'it will make sense in the long term.' The unit was first listed for rent at $3,750 a month on real estate website StreetEasy before its price significantly dropped, according to the. Both figures are still well below Manhattan's average rent, which reached a record $5,113 a month in July. The apartment is also rent-stabilized, meaning any future rent hikes would have to be within the Big Apple's , which allowed a 3.25 percent increase for one-year long leases this year.
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