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 … owners to tell tenants the cost of the fee in apartment listings and lease agreements The fine for violating the law …

By Jennifer White Karp |December 10, 2024 - 4:30PM