New York City ditches broker fees

NYC broker fee law requires landlords to cover the cost, not tenants
Broker fees in NYC will be covered by landlords, instead of tenants, under a new law passed Wednesday by the City Council.
Could Boston follow New York City in ban on requiring tenants to pay broker fees
Legislation passed this week in New York City leaves Boston as the last major city where tenants can be required to pay hefty fees for real estate brokers hired by their landlords.
New York City Council Approves Bill Shifting Broker Fees to Landlords
The City Council approved a bill on Wednesday that would curb a loathed New York City real estate practice: making renters pay thousands of dollars in broker fees.
NYC bill shifting broker fees to landlords overwhelmingly approved by City Council
The City Council overwhelmingly approved a bill Wednesday that would largely shift the cost of broker fees to landlords, in a hit to the real estate industry.
New York City is about to make landlords cover most brokers fees. So why not Boston?
Apartment hunters in New York City got good news on Wednesday when the City Council there passed a bill that would largely compel landlords, not tenants, to cover broker fees, that expensive charge tacked on to the cost of signing an apartment lease.
What to Know About Broker Fees in New York City
The City Council overwhelmingly passed a measure to shift the burden of broker fees to landlords. Here’s what that means for renters.
New York bans brokers fees
Moving in New York City is notoriously expensive, and that’s partially due to the broker fee — an extra few thousand dollars that the tenant has had to pay to a broker that the landlord hired. Until now.
New York City ditches broker fees despite objections from realtors
New York City landlords will be required to pay costly broker fees for tenants under a plan approved by the City Council that real estate groups argue will drive up rents and make it harder to find housing in the city.
Boston is one of the last places to allow renter-paid broker fees
The New York City Council approved new legislation on Wednesday that will shift the responsibility for hefty broker fees from renters to landlords, who are usually the ones to hire brokers. The Greater Boston area remains one of the few spots in the country where renters are still on the hook for these fees,
New York City Bans Renters From Being Forced To Pay Broker Fees
New York City has steep broker fees, which often cost tenants up to 15% of the first year's rent. It can add thousands of dollars to the money renters need to come up with ahead of signing a lease. The legislation,
New York City Votes to End One of Renters’ Biggest Complaints: the Broker Fee
The broker fee, long a bane of New York City renters, just got voted out. The New York City Council passed a bill Wednesday ...
Curbed on MSN2d
Good-bye to the Broker Fee
The broker fee as we know it is over in New York City. A City Council bill that would prevent your landlord from charging you ...
Gothamist2d
Bye-bye broker fee: NYC Council approves bill to eliminate fee for most tenants
The New York City Council approved new legislation on Wednesday that will eliminate hefty upfront broker fees for most ...
Norwood News18h
Passage of City Council FARE Act Eliminates Broker Fees for Renters
Renters received some positive news this week when it was annouonced that Brooklyn City Council Member Chi Ossé’s bill, Intro ...
The Real Deal2d
The Daily Dirt: Broker-fee bill, brought to you by TikTok
Chi Ossé is the City Council’s first Gen Z member, and he took a very Gen Z approach to building support for his ...
NYC Council passes bill to end broker fees for tenants in veto-proof vote
The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the ...
Gothamist3d
NYC Council set to vote Wednesday on bill shifting broker fees from renters to landlords
The New York City Council is set to vote on Wednesday on a bill that would eliminate a steep upfront cost for most renters ...