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NYC Council passes bill to end broker fees for tenants
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 city looks for strategies to tackle the housing affordability crisis. Now, whoever hires the broker will have to pay their 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.
NYC Bans Tenant-Paid Broker Fees
Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from the city’s real estate lobby.
2h
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 ...
Curbed on MSN
1d
Goodbye to the Broker Fee
Some good
news
for once: The
broker
fee
as we know it is likely over in New York City. A City Council bill that would ...
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