NYC renters have filed hundreds of FARE Act complaints. Here’s what happens next

… landlords to pay commissions for the brokers they hire But what happened after the city collected those complaints The … you need to know before you make a FARE Act complaint and what to expect after … What to include in a FARE Act report … The rental market …

By Celia Young |October 6, 2025 - 12:30PM
NYC's broker fee law survives another challenge from REBNY

… New York Citys new broker fee law survived another challenge last week led by the Real … the Fairness in Apartment Rental Expenses FARE Act The new law took effect June 11th and shifts the longstanding burden … 10th challenge from REBNY to block implementation of the law and dismissed its claim that the FARE Act is …

By Jennifer White Karp |July 14, 2025 - 3:00PM
FARE Act takes effect: What NYC renters need to know about the new broker fee law

… New York Citys new law that shifts responsibility for most broker fees from renters to landlords will go into effect tomorrow after a … Renters who hire an agent for example to show them multiple apartments in their budget will still be required to …

By Jennifer White Karp |June 10, 2025 - 3:00PM
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 who work on behalf of landlordsa longstanding … 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

… estate trade association filed a lawsuit on Monday to block the FARE Act from taking effect in midJune Just days after … who hires a broker to market an apartment pay their fee or risk facing  civil penalties of up to $2000 It also charges … and then seek compensation from the tenant  Thats exactly what Ossé wanted to prevent he said in a statement Monday As …

By Celia Young |December 17, 2024 - 10:45AM