The hefty one-time payments, known as broker fees, are ubiquitous in New York but nearly unheard of anywhere else.

A proposal seeking to eliminate a hefty price tag for New York City renters is drawing fierce opposition from the real estate industry ...

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

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 ...

NYC considers ending broker fees for tenants, angering real estate industry by JAKE OFFENHARTZ, Associated Press - 06/12/24 6:27 PM ET ...

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

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 ...

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 a real estate ...

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 ...

But they were quickly reinstated following a lawsuit led by the Real Estate Board of New York. Brokerage firms estimate that roughly half of the city’s apartments require a tenant-paid broker fee.

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 ...