REBNY sues to block new NYC broker fee law

… Act became a law the Real Estate Board of New York sued in Manhattan federal court to block it The FARE Act … broker to market an apartment pay their fee or risk facing  civil penalties of up to $2000 It also charges …

By Celia Young |December 17, 2024 - 10:45AM
Broker fee bill passes with strong support in NYC Council vote

A big shakeup is in store for broker fees in New York City Aapartment from collecting a fee from the renter It does not mandate that a tenant pay their own broker The bill … is a win for the people of New York as we make official what has long been common sense Ossé said during the vote …

By Celia Young |November 13, 2024 - 3:30PM