NYC broker fee law requires landlords to cover the cost, not tenants
Broker fees in NYC will be covered by landlords, instead of tenants, under a new law passed Wednesday by the City Council.
‘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 ...
Curbed3d
Good-bye to the Broker Fee
Some good news, for once: The broker fee as we know it is over in New York City. A City Council bill that would prevent your landlord from charging you the fee that their broker is actually ...
Fox 5 NY2d
NYC decides on who should pay broker fees
A StreetEasy survey shows 81% of renters believe landlords, not renters, should pay these fees, and 78% felt they had no ...
Norwood News10h
Passage of City Council FARE Act Eliminates Broker Fees for Renters
Renters received some positive news this week when it was annouonced that Brooklyn City Council Member Chi Ossé’s bill, Intro ...
New York City ditches broker fees despite objections from realtors
New York City landlords will be required to pay costly broker fees for tenants under a plan approved by the City Council that ...
Gothamist2d
Bye-bye broker fee: NYC Council approves bill to eliminate fee for most tenants
The New York City Council approved new legislation on Wednesday that will eliminate hefty upfront broker fees for most renters. In New York City, unlike nearly every other place in the country ...
New York Post1d
NYC bill shifting broker fees to landlords overwhelmingly approved by City Council
The City Council overwhelmingly approved a bill Wednesday that would largely shift the cost of broker fees to landlords, in a hit to the real estate industry. The controversial bill — dubbed the ...