broker fee

This is a photograph of brightly painted fire escapes on historic brick buildings in the Lower East Side of Manhattan.
The Search
NYC renters have filed hundreds of FARE Act complaints. Here’s what happens next
By Celia Young |October 6, 2025 - 12:30PM
Council members Chi Ossé and Shaun Abreu at a rally before the FARE Act vote in November.
Affordable Housing
NYC's broker fee law survives another challenge from REBNY
By Jennifer White Karp |July 14, 2025 - 3:00PM
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The Search
How to move to NYC: A crash course for finding an apartment
By Jennifer White Karp |June 30, 2025 - 9:30AM
Aerial view of NYC residential buildings
Rent
FARE Act takes effect: What NYC renters need to know about the new broker fee law

… law that shifts responsibility for most broker fees from renters to landlords will go into effect tomorrow after a … attempt to prevent the laws implementation Since the fee is usually 12 percent of the annual rent the Fairness in … the changes you can expect as a result of the FARE Act and what you should watch for … Fines for violating the FARE Act …

By Jennifer White Karp |June 10, 2025 - 3:00PM
A beautiful pink flowering cherry tree next to an old brick residential building with a fire escape in Astoria Queens New York during spring
The Search
A wet, hot, broker fee-free summer? A major change to rental broker fees is supposed to start in June
By Celia Young |May 12, 2025 - 1:30PM
Roommates moving in together.
The Search
Moving to NYC after college? Here's how to find a rental apartment
By Evelyn Battaglia |April 15, 2025 - 10:00AM
New-York building facades with fire escape stairs
The Search
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 filing on Friday … or entering the rental market the citys court filing said The citys response comes after Neighbors Together …

By Celia Young |February 28, 2025 - 3:30PM
Apartment towers in NYC
Rent
NYC neighborhoods with the highest shares of concessions for renters

… built in 2024 which includes mixedincome rentstabilized apartments Lee pointed out that top neighborhoods for … upfront meaning they pay nothing for the first month said Laurel Ferrera an agent at Keller Williams NYC This helps … have strict income requirements for renters to qualify for apartments Owners prefer renters who earn an annual salary …

By Jennifer White Karp |January 15, 2025 - 2:30PM
Supporters of the FARE Act gather at a rally at the steps of City Hall before the Nov. 13th vote, where the act passed with 42 council members in favor.
The Search
REBNY sues to block new NYC broker fee law
By Celia Young |December 17, 2024 - 10:45AM