The FARE Act is not likely to result in steeply higher rents for new leases

… Some brokers opposed to New York Citys broker fee bill argued it will raise rents … York City of paying the broker fee from the tenant to the landlord who does the hiring Opponents including The Real … to fully amortize the additional costs associated with this change as history suggests that landlords set asking rents …

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