A wet, hot, broker fee-free summer? A major change to rental broker fees is supposed to start in June

… June 11th Thats the day New York City renters could be free from paying a broker fee for agents … in Apartment Rentals FARE Act would require landlords to pay the broker they hire starting on June 11th according … and the citys arguments at the start of May just over a month before the FARE Act is expected to start If it does go …

By Celia Young |May 12, 2025 - 1:30PM
Broker fee bill passes with strong support in NYC Council vote

… force a landlord who hires a rental agent to pay for their services passed in a longawaited New York City Council vote … apartment to another More than 100 New Yorkers came out in support of the bill including Council member Keith Powers … the bill required whoever hires a broker to pay for their services The version that passed Wednesday bars a landlords …

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