New York City ditches broker fees

What to Know About Broker Fees in New York City
The City Council overwhelmingly passed a measure to shift the burden of broker fees to landlords. Here’s what that means for renters.
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 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 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.
NYC is about to make landlords cover most brokers fees. Will Boston follow suit?
Apartment hunters in New York City got good news on Wednesday when the City Council there passed a bill that would largely compel landlords, not tenants, to cover broker fees, that expensive charge tacked on to the cost of signing an apartment lease.
Council passes measure banning broker fees for most New York City renters
The legislation would eliminate a fee imposed to be shown an apartment, have an application be processed and sign a lease.
New York City Council passes bill that shifts broker fees to landlords
Opponents of the legislation say the measure could lead to higher rents and argue that landlords could put broker fees into monthly rents.
Renters no longer pay broker fees under bill passed by City Council
The New York City Council passed a bill Wednesday to make renting an apartment a little easier. The bill, known as the FARE Act, requires landlords to pay the fee when they hire a real estate broker to market their properties.
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.
A new law in New York will do away with broker fees
NPR's Ayesha Rascoe speaks with New York City Council Member Chi Ossé about his FARE act, which shifts the responsibility for broker fees from the tenant to the landlord in many cases.
How this City Council Member just eliminated NYC's forced broker fees
Up until now, many New York City residents were subjected to broker fees when moving into rental units despite not having hired the broker themselves. These broker fees have been recognized as financial hurdles for many lower-income New Yorkers,
‘An Absolute Mess’: Brokers Assess the Shift in Fees
The New York City Council has passed a bill that would require landlords to pay for the rental brokers they hire. Some ...
New York City Council passes bill that would require landlords to pay for broker fees, not tenants
The New York City Council passed a bill Wednesday that shifts the burden of broker fees from tenants to landlords.The ...
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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 ...
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.