NYC's broker fee law survives another challenge from REBNY

Rental Expenses FARE Act The new law took effect June 11th and shifts the longstanding burden of paying brokers … Chi Ossé the FARE Act passed in November with support from 42 council members more than enough votes to override a … renters who indicated they would prefer to pay a higher monthly rent than a brokers fee notwithstanding the …

By Jennifer White Karp |July 14, 2025 - 3:00PM
How to move to NYC: A crash course for finding an apartment

… a challenge The rental process can seem daunting because of NYCs steep rents and landlords stringent income requirements … although there are strategies for beating the competition  Buying in NYC has its own headacheswhats the difference … moved in Some places play loud musicand even have live bandswhich can be fun unless youre trying to sleep in during …

By Jennifer White Karp |June 30, 2025 - 9:30AM
FARE Act takes effect: What NYC renters need to know about the new broker fee law

to prevent the laws implementation Since the fee is usually 12 percent of the annual rent the Fairness in Apartment … did not sign the legislation which meant it would take six months to go into effect rather than immediately The Real …

By Jennifer White Karp |June 10, 2025 - 3:00PM
NYC neighborhoods with the highest shares of concessions for renters

… Concessions can make renting temporarily more affordable if you know how to find … built in 2024 which includes mixedincome rentstabilized apartments Lee pointed out that top neighborhoods for

By Jennifer White Karp |January 15, 2025 - 2:30PM