Broker/Owner Conflict of Interest?


We’ve been renting in Carroll Gardens for a year now and are due to resign our lease in a few weeks. In the year that we’ve been in our apartment it’s come to our attention that the broker who showed us the apartment and charged a fee when we signed the lease has a partnership with the owner and might be part-owner of the building. It seems to me that this is a conflict of interest and that they’re running a scam and double-dipping if you will. Can anyone let me know if there’s any law being broken here or how we can find out what this broker’s affiliation with the owner and building are? One another note, the same broker is drafting the resigning of the lease and wants to ask us to pay another broker’s fee for the renewal. Is that legit?

By carrollgardensrenter | | Comment