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(Bloomberg) -- New York renters would no longer be on the hook for costly broker fees when signing a new apartment lease, under a measure passed by the city council Wednesday. The Fairness in ...
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.
Few places outside New York City have systems like this. When broker fees are combined with other upfront costs, like a security deposit, the price of moving in the city can easily stretch beyond ...
New York City’s consumer protection agency is putting some force behind an upcoming ban on most residential broker fees, with a plan to fine offenders up to $2,000 per violation. The Department ...
A key real estate organization and other industry groups asked a federal judge to block a New York City law that requires landlords to pay fees for the brokers they hire, saying the rule that goes ...