Rental fees at condos leap on strength of investor-owned units

In a city where landing the right rental apartment is celebrated like the birth of a child, brokers and tenants are aware that landlords hold all the cards, and have become used to paying a multitude of fees. But as the market continues to heat up and an increase in units with absentee owners drives up the percentage of rentals in condominium buildings, some property managers have responded by hiking fees – leading to costly application packages that are ... [more]