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NYC Council passes bill to end broker fees for tenants

Norwood News · 2m

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 360, The Fairness in Apartment Rental Expenses (FARE) Act, passed with a supermajority of 42 votes in the New York City Council,

The New York Times · 1d

What to Know About Broker Fees in New York City

The City Council overwhelmingly passed a measure to shift the burden of broker fees to landlords. Here’s what that means for renters.

NBC New York on MSN · 1d

NYC Council passes bill to end broker fees for tenants in veto-proof vote

The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the city looks for strategies to tackle the housing affordability crisis. Now, whoever hires the broker will have to pay their fees.

2d

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 ...

2don MSN

NYC Bans Tenant-Paid Broker Fees

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

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