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October 26, 2006

Craigslist to go after Deceptive Renters in NYC

Craigslist is going after shady rental listings on the site's New York City page.  Apartment brokers placing ads on the site do not always (read hardly ever) tell potential renters that the property comes with a "commission" that costs up to 15% of a year's rent.  Well they do, but at the moment the lease is about to be signed.

The New York City Council investigated and has now asked the New York City Department of Consumer Affairs to investigate deceptive ads.  Craigslist will (enthusiastically) cooperate with the investigation.

The story is in the San Francisco Chronicle.  Craigslist was founded in SF.

October 26, 2006 | Permalink

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