New York City ditches broker fees

New York City to ban mandatory broker fees
Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from the city's real estate lobby.
New York City Votes to End One of Renters’ Biggest Complaints: the Broker Fee
The broker fee, long a bane of New York City renters, just got voted out. The New York City Council passed a bill Wednesday requiring landlords to pay fees for brokers they hire to list and show apartments.
Could Boston follow New York City in ban on requiring tenants to pay broker fees
Legislation passed this week in New York City leaves Boston as the last major city where tenants can be required to pay hefty fees for real estate brokers hired by their landlords.
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.
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.
New York City Bans Renters From Being Forced To Pay Broker Fees
New York City has steep broker fees, which often cost tenants up to 15% of the first year's rent. It can add thousands of dollars to the money renters need to come up with ahead of signing a lease. The legislation,
NYC broker fee law requires landlords to cover the cost, not tenants
Broker fees in NYC will be covered by landlords, instead of tenants, under a new law passed Wednesday by the City Council.
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City Council passes bill shifting broker fee burden to landlords, sparking backlash from real estate industry and key critics
The New York City Council passed a landmark bill on Wednesday, aiming to relieve renters of paying hefty broker fees — a cost ...
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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 ...
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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 ...
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Bye-bye broker fee: NYC Council approves bill to eliminate fee for most tenants
The New York City Council approved new legislation on Wednesday that will eliminate hefty upfront broker fees for most ...
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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 ...
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 ...
Average upfront cost for an NYC apartment with broker’s fee hits whopping all-time high
The whopping amount includes the broker's cut, first month's rent in advance and security deposit, according to the study by ...
NYC Bans Unusual Practice of Forcing Tenants to Pay Real Estate Brokers Hired by Landlords
Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers ...