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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 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.
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.
Time Out
13h
NYC landlords will now have to pay broker fees over renters
Here's a win for New York City renters: the City Council just approved a bill that will shift the burden of paying
broker
fees
onto landlords over tenants in most cases. Specifically, under the ...
pix11
17h
NYC broker fee bill could lead to higher rents: mayor
A New York City Council bill that will shift the burden of paying
broker
fees
to landlords could have “unintended ...
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