Landlords can no longer tack on thousands of dollars in fees to new tenants to pay brokers who show rental units.

In New York, unlike nearly every other part of the country, tenants usually pay the fee even though landlords usually hire the broker. Tenants and advocates rallying outside City Hall ahead of the ...

On Wednesday the New York City Council banned this practice by passing the Fairness in Apartment Rentals, or FARE, Act.

NPR's Ayesha Rascoe speaks with New York City Council Member Chi Ossé about his FARE act, which shifts the responsibility for broker fees from the tenant to the landlord in many cases.

But things are about to change. (SOUNDBITE OF ARCHIVED RECORDING) CHI OSSE: If you've rented in New York, you probably had to pay a broker's fee, even if you never hired a broker. I'm city council ...

Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under ...

NEW YORK -- On Wednesday, November 14th, 2024, the New York City Council voted the Fairness in Apartment Rentals Act, or FARE ...

New York City landlords will be required to pay costly broker fees for tenants under a plan approved by the City Council that ...

More planners are dropping their FINRA registration but keeping some ties to independent wealth management firms once thought ...

Legislation passed this week in New York City leaves Boston as the last major city where tenants can be required to pay hefty ...

The New York City Council has passed a bill that would require landlords to pay for the rental brokers they hire. Some ...

In the Greater Boston area, the broker’s fee is usually an entire month’s rent. According to Zumper, the average cost of a ...