FARE Act takes effect: What NYC renters need to know about the new broker fee law

… Citys new law that shifts responsibility for most broker fees from renters to landlords will go into effect tomorrow after a … Rentals FARE Act removes a significant upfront cost to renterssaving renters an average of $5404 according to a new …

By Jennifer White Karp |June 10, 2025 - 3:00PM