A wet, hot, broker fee-free summer? A major change to rental broker fees is supposed to start in June

… of renters A new law the Fairness in Apartment Rentals FARE Act would require landlords to pay the broker they hire … the hefty fee but the FARE Act adds a lot of unknowns to whats likely to be a hot summer rental market The biggest … try to get around the new law by advertising some nofee apartments and then when a prospective renter gets in touch …

By Celia Young |May 12, 2025 - 1:30PM
REBNY sues to block new NYC broker fee law

… a vote He  reintroduced the act in 2024 and took to social media to push it gaining support from local celebrities But …

By Celia Young |December 17, 2024 - 10:45AM
Broker fee bill passes with strong support in NYC Council vote

… longawaited New York City Council vote this afternoon The FARE Act introduced by City Council member Chi Ossé … brokers have charged skyhigh fees for rentstabilized unitsapartments where rents are capped each year by the Rent … is 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