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News

broker, NYC

CBS News on MSN · 1d
NYC law ending broker fees for renters takes effect today
NYC's broker fee law, the FARE Act, takes effect today, shifting the financial burden of paying brokers from renters to landlords.
The Wall Street Journal on MSN · 1d
NYC Just Banned Broker Fees on Tenants. Landlords Are Already Jacking Up Rents.
Some property managers are expected to test the market by imposing major increases as soon as the new law goes into effect.
Newsday · 1d
New York City's ban on broker fees for residential renters explained
Here are answers to questions about a new law banning broker fees for most residential renters in New York City.
Hosted on MSN12mon
NYC considers ending broker fees for tenants, angering real estate industry
Ahead of the hearing, hundreds of brokers gathered to voice their objections at a rally organized by the Real Estate Board of New York, the industry’s powerful lobbying group. Through hours of ...
Hoodline
2d
New Law Eliminating Broker Fees Set to Benefit NYC Renters Amid Real Estate Board's Last-Ditch Challenge
A new law to eliminate broker fees for most NYC tenants is set to begin, with the Real Estate Board of New York attempting to ...
Finance & Commerce11mon
New York City considers ending broker fees for tenants, angering real estate industry
The hefty one-time payments, known as broker fees, are ubiquitous in New York but nearly unheard of anywhere else. In most other cities, landlords cover the commission of agents working on their ...

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