The FARE Act is not likely to result in steeply higher rents for new leases

… Some brokers opposed to New York Citys broker fee bill argued it will raise rents … not seem likely The Fairness in Apartment Rentals Expenses Act which passed a City Council vote in November shifts the … but can be as high as 15 percent of the annual rent The impact may not be so dramatic Sources tell Brick that renters …

By Jennifer White Karp |December 10, 2024 - 4:30PM