NYC renters have filed hundreds of FARE Act complaints. Here’s what happens next

… This summer New York City renters filed hundreds of reports against agents and landlords for violating a new law that … landlords to pay commissions for the brokers they hire But what happened after the city collected those complaints The …

By Celia Young |October 6, 2025 - 12:30PM
A wet, hot, broker fee-free summer? A major change to rental broker fees is supposed to start in June

… June 11th Thats the day New York City renters could be free from paying … the hefty fee but the FARE Act adds a lot of unknowns to whats likely to be a hot summer rental market The biggest question is whether the FARE Act will actually go into effect as …

By Celia Young |May 12, 2025 - 1:30PM
NYC defends broker fee law against 'unpersuasive' REBNY lawsuit in court

… New York Citys legal counsel pushed back against a lawsuit challenging the citys new broker fee law in a court … services or face civil penalties of up to $2000 Typically a NYC renter will pay a 10 to 15 percent broker fee even if … Roderick Hills a law professor at New York Universitys School of Law told Brick Underground in January After …

By Celia Young |February 28, 2025 - 3:30PM
Broker fee bill passes with strong support in NYC Council vote

A big shakeup is in store for broker fees in New York City A … controversial bill that would force a landlord who hires a rental agent to pay for their services passed in ais a win for the people of New York as we make official what has long been common sense Ossé said during the vote …

By Celia Young |November 13, 2024 - 3:30PM