Gothamist17h
NYC is lifting broker fees for most tenants. Here’s what to know.
In New York, unlike nearly every other part of the country, tenants usually pay the fee even though landlords usually hire ...
The New York Times4d
‘An Absolute Mess’: Brokers Assess the Shift in Fees
The New York City Council has passed a bill that would require landlords to pay for the rental brokers they hire. Some brokers believe it will hurt tenants in the long run. By Josh Ocampo and Matt ...
Changing broker fees helps all for NYC rentals
The months-long debate over the New York City Council’s Fairness in Apartment Rental Expenses (FARE) Act has reached a fever ...
JD Supra8h
New York City Council Puts an End to the Payment of Brokers' Fees by Residential Tenants - Landlords May Get Stuck with the Brokers' Fees
On November 13, 2024, the Fairness in Apartment Rentals Act (FARE) (the Bill) was approved by the New York City Council (City Council) prohibiting ...