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 … expected to start If it does go into effect its yet unclear how the citys brokers will respondand few large brokerages …

By Celia Young |May 12, 2025 - 1:30PM