News

New York renters, rejoice—or at least take a deep breath. Starting Wednesday, June 11, the long-dreaded broker fee may no ...
The law will lower up-front costs for many renters, but its effects on rents, vacancy rates, and competition remain to be seen.
NYC ditched broker fees last week in a supposed win for tenants, but landlords didn’t waste any time hiking rents to make up ...
The measure lawmakers sent to Governor Maura Healey this week will require the fee to be charged to whichever party, landlord ...
UrbanDigs data shows rising rents and fewer listings in Manhattan after the city’s broker fee ban took effect on June 11.
A law taking effect Wednesday bans broker fees for most residential renters in New York City, the nation’s largest rental market. Here’s how renting will — and won’t — change.
The Fairness in Apartment Rental Expenses Act, or FARE Act, takes effect today in New York after a federal judge tossed a down-to-the-wire effort by the Real Estate Board of New York (REBNY) to halt ...
The new law will allow tenants to move without paying sometimes thousands of dollars for a broker they did not hire.
Governor Healey announced on Wednesday that mandatory renter-paid brokers’ fees will soon be banned in the Bay State.
New York and Boston have long been the only two major U.S. cities where tenants are often required to pay a broker's fee for renting an apartment. The cost can be as high as 15% of one year's rent.
From Kirsten Gillibrand (“she should resign”) to Eric Adams (“a power-hungry, egotistical man”) to the Democratic ...
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 ...