broker fee

… declined to sign the Fairness in Apartment Rental Expenses FARE Act within a 30day window after approval by the City … support from celebrities such as comedian Ilana Glazer Brokers criticized the bill at an explosive hearing in June … that it would encourage landlords to raise rents But its worth noting that the bills implementation falls under the …

… Some brokers opposed to New York Citys broker fee bill argued it will raise rents … the new law rents may still rise as result of demand A new report from StreetEasy also concludes that the FARE Act is … wrote … No impact on direct deals … No one knows exactly how this will shake out said Phil Horigan founder of …

… Real estate brokers and tenants flooded the New York City Councils chambers on … Corcoran Group and Hal Gavzie executive vice president of residential leasing at Douglas Ellimantestified against the bill arguing that landlords would just raise rents if they had to pay for the …

… 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 pay a broker fee even if the landlord did the hiring That means a hefty cost to the …