NYC considers ending broker fees for tenants, angering real estate industry By Jake Offenhartz • Published June 12, 2024 • Updated on June 13, 2024 at 9:01 am BOOKMARKER ...

NYC considers ending broker fees for tenants, angering real estate industry June 13, 2024 Jake Offenhartz, Associated Press The Downtown Brooklyn skyline.

NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to ...

NYC's broker fee law, the FARE Act, takes effect today, shifting the financial burden of paying brokers from renters to landlords. Latest U.S.

New York City renters may no longer be on the hook for costly broker fees when signing a new apartment lease. The city council is poised to pass the Fairness in Apartment Rental Expenses, or FARE ...

NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to ...

NYC considers ending broker fees for tenants, angering real estate industry A proposal seeking to eliminate a hefty price tag for New York City renters is drawing fierce opposition from the real ...

NYC Considers Ending Broker Fees for Tenants, Angering Real Estate Industry NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a ...

NYC considers ending broker fees for tenants, angering real estate industry. By. The Associated Press - June 12, 2024. Facebook. Twitter. Pinterest. WhatsApp.

Brokerage firms estimate that roughly half of the city’s apartments require a tenant-paid broker fee. The price of those fees can vary widely, though the standard amount is 15% of the annual rent.

NYC considers ending broker fees for tenants, angering real estate industry. JAKE OFFENHARTZ. Wed, June 12, 2024 at 10:17 PM UTC. 4 min read. FILE - A new building sits between two older-style ...

NYC considers ending broker fees for tenants, angering real estate industry . June 12, 2024 at 3:18 pm . By . JAKE OFFENHARTZ. The Associated Press.