Broker fee bill passes with strong support in NYC Council vote

… A big shakeup is in store for broker fees in New York City A controversial bill that would force … where rents are capped each year by the Rent Guidelines Board  Under the new law landlords brokers would be barred … of prioritizing ideology over economic and practical reality James Whelan president of the Real Estate Board of …

By Celia Young |November 13, 2024 - 3:30PM
Sparks fly at fiery City Council hearing on broker fee bill

Real estate brokers and tenants flooded the New York City … are renters themselves Freedman said Simply put this bill will make it harder for brokers to be fairly paid raise … act would just erode agents reputations and the publics trust The FARE Act does not cap agent commissions Klenkar …

By Celia Young |June 12, 2024 - 3:15PM