NYC broker fee law requires landlords to cover the cost, not ... - CBS News
3 days ago · The Fairness in Apartment Rental Expenses, or F.A.R.E., Act received 42 of 51 votes, a veto-proof majority. Under the bill, whoever hires the broker will have to pay them. In …
New York City Council passes FARE Act, ending broker fees for …
3 days ago · Nov 13, 2024. Listen to this article 3 min. The New York City Council has outlawed the practice of landlords passing broker fees onto residential tenants in the city. The Council …
FARE Act: NYC Council passes bill to end forcing tenants to pay …
3 days ago · Supporters say the FARE Act will make the rental process more affordable and transparent. The New York City Council is expected to vote on Wednesday on a bill that would …
NYC bans unusual practice of forcing tenants to ... - Associated Press News
3 days ago · The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, …
Passage of City Council FARE Act Eliminates Broker Fees for Renters
1 day ago · A SIGN FOR luxury rental apartments is seen in the South Bronx on Oct. 11, 2024. Renters received some positive news this week when it was annouonced that Brooklyn City …
City Council Approves Rental Broker Fee Reform Bill - The Real Deal
3 days ago · The FARE Act also opens the door for tenants to sue agents who break its rules. Officials have tried to reform rental broker fees since at least 2019, when Council member …
Bill to End Forced Rental Broker Fees Goes to Council Vote With …
5 days ago · Join the community that powers NYC’s independent local news. Paying brokers’ fees to rent an apartment might just become a thing of the past for many tenants in New York City. …
Continuing Focus on Affordability for Renters, New York City …
3 days ago · FARE Act. Introduction 360-A, also known as the FARE Act, sponsored by Council Member Chi Ossé, seeks to alleviate financial burdens on renters by ensuring that tenants are …
Council passes bill to shift broker fee responsibility
3 days ago · PUBLISHED 4:25 PM ET Nov. 13, 2024. The City Council passed the Fairness in Apartment Rentals Act (FARE Act) with a veto-proof majority on Wednesday. The bill shifts the …
What to Know About New York's Latest Attempt to End Forced …
Jun 11, 2024 · City Councilmember Chi Ossé (D-Brooklyn) is trying for the second time to change the way broker fees work in the city. The FARE (Fairness in Apartment Rentals) Act would …
- Some results have been removed