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broker fee, New York City
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,
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 passes bill that would require landlords to pay for broker fees, not tenants
Under the
bill
, whoever hires the
broker
would have to pay them. In most cases, that would be the landlord. The
broker
fee
, as we know it, would end. There is a 30-day window for the mayor to sign the F.A.R.E. Act into law. If he doesn't, it still becomes ...
Queens Daily Eagle
9h
Broker fee bill passed by Council
The FARE Act, a longtime project of Brooklyn representative Chi Ossé, will make it so New Yorkers moving into a new apartment ...
The Real Deal
15h
The Daily Dirt: Broker-fee bill, brought to you by TikTok
Chi Ossé is the City Council’s first Gen Z member, and he took a very Gen Z approach to building support for his ...
Curbed on MSN
1d
Good-bye to the Broker Fee
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 ...
Brownstoner
2d
Bill to End Forced Rental Broker Fees Goes to Council Vote With Near Veto-Proof Support
Paying brokers’ fees to rent an apartment might just become a thing of the past for many tenants in New York City. The City ...
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