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New York City ditches broker fees

Boston.com on MSN · 2d

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. The post New York City Council approves bill shifting broker fees to landlords appeared first on Boston.

Washington Examiner on MSN · 17h

New York City ditches broker fees despite objections from realtors

New York City landlords will be required to pay costly broker fees for tenants under a plan approved by the City Council that real estate groups argue will drive up rents and make it harder to find housing in the city.

ABC7 San Francisco · 12h

How this City Council Member just eliminated NYC's forced broker fees

NEW YORK -- On Wednesday, November 14th, 2024, the New York City Council voted the Fairness in Apartment Rentals Act, or FARE Act, into law. The act states that in New York City, when it comes to rental properties, the party that hires the broker must be the one to pay for their services.

nyc.streetsblog2d

World to Council: Say ‘Yes’ to the End of Parking Mandates in City of Yes

What do some of the city's wealthiest developers, venerable environmental groups, key labor groups, housing advocates and ...

3d

City Council scrambles to reassert control in power struggle with Eric Adams after mayor’s ballot wins

City Council is taking on Hizzoner again after an embarrassing defeat over the November ballot by establishing their own ...

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