June 2007 marks the expiration of New York’s anti-scalping law. Some state legislators, including State Governor Eliot Spitzor argue that no monetary cap need be placed on reselling tickets, claiming that competition will maintain a reasonable price range.
The “touts” will still be legaly prevented from re-selling tickets within 15,000 feet of the venue.http://www.nme.com/news/nme/27194