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NYC Council passes bill to end broker fees for tenants
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.
NYC Council passes bill to end broker fees for tenants in veto-proof vote
The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the city looks for strategies to tackle the housing affordability crisis. Now, whoever hires the broker will have to pay their fees.
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.
Curbed on MSN
3d
Good-bye to the Broker Fee
The broker fee as we know it is over in New York City. A City Council bill that would prevent your landlord from charging you ...
Time Out
3d
NYC landlords will now have to pay broker fees over renters
According to a 2023 report by StreetEasy, the average New Yorker spends over $10,000 in upfront costs for rentals—the largest of which "is often the
broker
fee
." The data imbues the new guidelines ...
2d
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 ...
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