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 a broker fee for agents … the hefty fee but the FARE Act adds a lot of unknowns to whats likely to be a hot summer rental market The biggest … in April fines for the FARE Act are lower than most broker fees A broker can be fined $500 to $2000 for violating the …

By Celia Young |May 12, 2025 - 1:30PM
Moving to NYC after college? Here's how to find a rental apartment

… Of course its not just recent graduates who are combing listings for a place to live in NYCyou are also competing … the roommate situation … Unless youre starting a lucrative banking gig right out of college lucky you chances are youll … Rental application fees are also capped at $20 though coops and condos can charge more … Calculating how much …

By Evelyn Battaglia |April 15, 2025 - 10:00AM
NYC defends broker fee law against 'unpersuasive' REBNY lawsuit in court

New York Citys legal counsel pushed back against a lawsuit … the law which shifts the burden of paying broker fees from renters to landlordsreduces a significant barrier renters face when trying to rent an apartment In December …

By Celia Young |February 28, 2025 - 3:30PM