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Is there a law in New York where landlords are no longer allowed to accept extra money up front in rent or security?

I'm looking for an apartment in Brooklyn, NY, and I keep getting reached out to by a company called Loftey insisting that they can get me the best rates on an apartment. I told them that I am hesitant to use them and I plan to negotiate myself by offering to pay 3 months up front in exchange for an extra 2 months off a two year lease.

The Loftey salesman then told me that landlords are no longer allowed to accept extra money up front in rent or security. Is this true?

submitted by /u/maiopolis
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source https://www.reddit.com/r/RealEstate/comments/lsoodl/is_there_a_law_in_new_york_where_landlords_are_no/
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