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New York City ditches broker fees
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.
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.
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 requiring landlords to pay fees for brokers they hire to list and show apartments.
Gothamist
17h
NYC is lifting broker fees for most tenants. Here’s what to know.
In New York, unlike nearly every other part of the country, tenants usually pay the fee even though landlords usually hire ...
Crain's New York
8h
On Politics: Good riddance to broker fees
Don’t believe the real estate industry’s arguments against the bill shifting fees to landlords, writes columnist Ross Barkan.
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