broker fee

… face civil penalties of up to $2000 from the Department of Consumer and Worker Protection That agency is also charged with reaching out to … public to inform New Yorkers about the new law In the past NYC renters have paid broker fees of 10 to 15 percent of the …

… 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 … the legislation with claims that landlords would add broker fees to the rents they charge for new leases in essence …

… A big shakeup is in store for broker fees in New York City A controversial bill that would force a landlord who hires a rental agent to pay for their services passed in a … the vote It will give them more mobility to move from one apartment to another More than 100 New Yorkers came out in …

… them Its also unclear how many scams take place in NYC given that the FBI and Federal Trade Commission both … local numbers are low The Department of States Division of Consumer Protection which refers scam reports to the FBI and the FTC …

… Councils chambers on Wednesday to debate one question haunting the citys rental market Who should pay the broker fee  … and Hal Gavzie executive vice president of residential leasing at Douglas Ellimantestified against the bill arguing … erode agents reputations and the publics trust The FARE Act does not cap agent commissions Klenkar said If our incomes …

… whoever hires a broker to pay their fee ahead of the bills City Council hearing on June 12th But the opposition … Chi Ossé reintroduced his bill dubbed the Fairness in Apartment Rental Expenses FARE Act on Feb 29th in his second attempt …