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New York City ditches broker fees
New York City Council approves bill shifting broker fees to landlords
The City Council approved a bill on Wednesday that would curb a loathed New York City real estate practice: making renters pay thousands of dollars in broker fees. The post New York City Council approves bill shifting broker fees to landlords appeared first on Boston.
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.
How this City Council Member just eliminated NYC's forced broker fees
NEW YORK -- On Wednesday, November 14th, 2024, the New York City Council voted the Fairness in Apartment Rentals Act, or FARE Act, into law. The act states that in New York City, when it comes to rental properties, the party that hires the broker must be the one to pay for their services.
3d
City Council scrambles to reassert control in power struggle with Eric Adams after mayor’s ballot wins
City Council is taking on Hizzoner again after an embarrassing defeat over the November ballot by establishing their own ...
nyc.streetsblog
2d
World to Council: Say ‘Yes’ to the End of Parking Mandates in City of Yes
What do some of the city's wealthiest developers, venerable environmental groups, key labor groups, housing advocates and ...
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