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News

NYC ends broker fees for renters

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.
Wall Street Journal · 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 with the new law now in effect.
Yahoo · 1d
Broker's fees can no longer be passed down to NYC renters
FOX 5 NY's Audrey Puentes explains the FARE Act, which prohibits brokers who represent landlords from charging broker fees to tenants.
Hosted on MSN1y
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
3d
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 ...

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