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 … set at $2000 … All eyes on stabilized apartments … A large percentage of landlords we work with are paying the …

By Jennifer White Karp |December 10, 2024 - 4:30PM
Broker fee bill passes with strong support in NYC Council vote

A big shakeup is in store for broker fees in New York City Aapartment from collecting a fee from the renter It does not mandate that a tenant pay their own broker The bill … is a win for the people of New York as we make official what has long been common sense Ossé said during the vote …

By Celia Young |November 13, 2024 - 3:30PM
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 raise awareness about the bill because he worries broker fees limit NYCs ability to attract young talented workers I …

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