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 … violating the law is set at $2000 … All eyes on stabilized apartments … A large percentage of landlords we work with …

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 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