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NYC Council passes bill to end broker fees for tenants
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.
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.
NYC Council bars landlords from passing broker fees on to tenants in face of Adams’ skepticism
The City Council voted overwhelmingly Wednesday to pass a bill banning landlords from forcing tenants to pay broker fees, though Mayor Adams has voiced concerns about the measure and could veto it.
Blavity on MSN
1d
Are Broker Fees Done For Good In NYC? Here’s What Renters Need To Know
The New York City Council secured a major win for renters by passing legislation to end upfront broker fees, a common burden ...
2d
on 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 ...
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 ...
2d
on MSN
NYC Close to Ending ‘Killer’ Broker Fees Squeezing Renters
New York City renters may no longer be on the hook for costly broker fees when signing a new apartment lease. The city ...
The New York Skyline
2d
NYC Council votes to end forced broker fees
The Council on Wednesday approved the revised FARE Act, shifting broker fees from tenants to the hiring party, typically ...
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