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The law mostly shifts fees from tenants to landlords. But since it took effect, some landlords have raised rents, and tenants ...
A month after the FARE Act restricted forced broker fees, the city is investigating 562 complaints and questions from renters.  The law took effect June 11, barring landlords from passing their ...
The FARE act, which says that whoever enlisted a broker’s help would pay the fee, has had a mixed impact so far.
For the second time in a month, a judge rejected a request by the Real Estate Board of New York to block the city from implementing the Fairness in Apartment Rental Expenses Act, which bars apartment ...
New York City renters will no longer face sky-high broker fees when attempting to lease an apartment. Instead, those costs will fall on the landlord’s shoulders.
Supporters said the law guarantees that renters who did not hire a broker are not forced to pay the broker’s fee, as is often the case in New York. REBNY, which represents city brokers, also ...
Moving to a new home is usually a stressful — and expensive— process, but starting Aug. 1, it’s going to look a little different for renters across Massachusetts. As of that date, renters will no ...
NEW YORK (PIX11) – Mandatory broker fees are banned in New York City as of Wednesday. The Fare Act, approved by the City Council last year, has taken effect. The bill automatically became law ...
Where there’s a will, there’s a way — and there’s certainly a will to evade New York City’s imminent broker fee law. As for the way, finding it might not be difficult.
New York City renters who settle on apartments that have broker fees pay an average of nearly $13,000 to secure the keys to a property, which frequently includes thousands of dollars in fees for ...