NYC broker fee bill becomes law without Adams’s signature

… sign off Adams declined to sign the Fairness in Apartment Rental Expenses FARE Act within a 30day window after approval by the City Council …

By Celia Young |December 16, 2024 - 3:00PM
The FARE Act is not likely to result in steeply higher rents for new leases

… to New York Citys broker fee bill argued it will raise rents significantly for new leases but that outcome does not seem likely The Fairness in Apartment Rentals Expenses Act which passed a City Council vote in November shifts the … demand A new report from StreetEasy also concludes that the FARE Act is unlikely to result in sharply higher rents …

By Jennifer White Karp |December 10, 2024 - 4:30PM
Notable New Yorkers join push for broker fee bill ahead of City Council hearing

… York City meme page Its the annoyance of having to pay a brokers fee A handful of notable New Yorkers have backed a … Ossé reintroduced his bill dubbed the Fairness in Apartment Rental Expenses FARE Act on Feb 29th in his second attempt to require whoever hires a broker in NYC to pay for that brokers services Currently tenants often …

By Celia Young |June 4, 2024 - 5:00PM