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NYC Council approves bill to eliminate fee for most tenants

Hosted on MSN · 1d

NYC broker fee law requires landlords to cover the cost, not tenants

Broker fees in NYC will be covered by landlords, instead of tenants, under a new law passed Wednesday by the City Council.

WCVB Channel 5 Boston on MSN · 1d

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.

Gothamist · 3d

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 renters.

City Council passes bill shifting broker fee burden to landlords, sparking backlash from real estate industry and key critics

The New York City Council passed a landmark bill on Wednesday, aiming to relieve renters of paying hefty broker fees — a cost ...

The Real Deal2d

The Daily Dirt: Broker-fee bill, brought to you by TikTok

Chi Ossé is the City Council’s first Gen Z member, and he took a very Gen Z approach to building support for his ...

Queens Daily Eagle2d

Broker fee bill passed by Council

The FARE Act, a longtime project of Brooklyn representative Chi Ossé, will make it so New Yorkers moving into a new apartment ...

Boston is one of the last places to allow renter-paid broker fees

In the Greater Boston area, the broker’s fee is usually an entire month’s rent. According to Zumper, the average cost of a ...

4d

Average upfront cost for an NYC apartment with broker’s fee hits whopping all-time high

The whopping amount includes the broker's cut, first month's rent in advance and security deposit, according to the study by ...

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