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NYC Council passes bill to end broker fees for tenants
New York City Council approves bill shifting broker fees to landlords
There are many costs associated with living in an increasingly expensive New York City, but the broker fee might be the most detested one. Moving into an apartment in the city can easily cost more than $10,
New York City Council passes bill that would require landlords to pay for broker fees, not tenants
The New York City Council passed a bill Wednesday that shifts the burden of broker fees from tenants to landlords.The Fairness in Apartment Rental Expenses, or F.A.R.E., Act passed, getting 42 of 51 votes,
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 New York Times
19h
Quote of the Day: New York City Council Passes Bill to Transfer Fee Loathed by Renters
“The
bill
has the right intention, but sometimes good intentions do not get the results you’re looking for.” Eric Adams, Democratic mayor of
New
York
City
with close ties to real estate ...
Bisnow
2d
City Council Passes Bill That Makes Landlords Pay Fees Of Brokers They Hire
A quintessential part of the
New
York
renter experience has been the moment they are hit with a
bill
to pay a broker ...
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