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New York City ditches broker fees
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.
New York City Council Approves Bill Shifting Broker Fees to Landlords
The City Council approved a bill on Wednesday that would curb a loathed New York City real estate practice: making renters pay thousands of dollars in broker fees.
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,
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11h
Boston is one of the last places to allow renter-paid broker fees
In the Greater Boston area, the broker’s fee is usually an entire month’s rent. According to Zumper, the average cost of a ...
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 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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