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NYC Council passes bill to end broker fees for tenants
New York City Council approves bill shifting broker fees to landlords
There are many costs associated with living in an increasingly expensive New York City, but the broker fee might be the most detested one. Moving into an apartment in the city can easily cost more than $10,
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.
With New York City ending tenants paying broker fees, could Boston be next?
If you want to move into an apartment in Boston, prepare to write a check for more than $10,000 first.That's because you need first and last month's rent, the security deposit and, in many cases, a broker's fee up front.
Curbed on MSN
1d
Good-bye to the Broker Fee
The broker fee as we know it is over in New York City. A City Council bill that would prevent your landlord from charging you ...
1d
on MSN
NYC bans unusual practice of forcing tenants to pay real estate brokers hired by landlords
Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers.
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