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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
A bill to have NYC landlords pay for broker fees, instead of tenants, is up for a vote before the New York 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.
Are Broker Fees Done For Good In NYC? Here’s What Renters Need To Know
The New York City Council secured a major win for renters by passing legislation to end upfront broker fees, a common burden for those seeking housing across the five boroughs. Changing the broker-fee landscape in NYC housing New York City and Boston stand out as the only U.
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 ...
pix11
3d
NYC broker fee bill could lead to higher rents, mayor says
The New York City Council passed a bill on Wednesday that requires landlords to pay the
fee
when they hire a real estate
broker
to market their properties. Right now, renters generally pay the ...
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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