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NYC Bans Tenant-Paid Broker Fees
New York is one of the few cities where tenants paid broker fees instead of landlords. Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from the city’s real estate lobby.
NYC bans 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
NYC bans unusual practice of forcing tenants to pay real estate brokers hired by landlords
Under a system that exists in New York and almost nowhere else in the country, tenants are often forced to pay the commission of a real estate agent before moving into an apartment, even if that agent was hired by the landlord.
New York City Council passes bill requiring landlords to pay for broker fees, not tenants
The New York City Council passed a bill Wednesday to have NYC landlords pay for broker fees, instead of tenants.
Bill Shifting Broker Fees From Renters to Landlords Is Expected to Pass
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 bill shifting broker fees to landlords overwhelmingly approved by City Council
The City Council overwhelmingly approved a bill Wednesday that would largely shift the cost of broker fees to landlords, in a hit to the real estate industry.
34m
Brush fire burns Inwood Park in New York City
Brush fire reaches three alarms in New York City, the New York City Fire Department reports that no one was injured ...
1h
New York Knicks 2024-25 City Edition Uniform: Tribute to a golden era
The New York Knicks have revealed their 2024-25 City Edition uniform, once again teaming up with Kith and Nike to create a ...
5h
Gigi Hadid Takes a Bite of the Big Apple in New York City, Plus Pedro Pascal, Ben Affleck, Kevin Costner and More
Gigi Hadid takes a bite of the Big Apple in New York City, plus Pedro Pascal, Ben Affleck, Kevin Costner and more. From ...
5h
on MSN
Lavish gold-domed penthouse in New York city on sale for $25 million
Visitors to New York City’s famed Flatiron Building may have noticed the landmark’s lesser-known neighbor — a narrow ...
8h
New York Doesn’t Have Enough Housing. Why Is It So Expensive to Build?
The scarcity of apartments makes it easy for landlords to raise rents, but building new developments comes with high costs ...
3h
New York moving to revive Manhattan congestion charge
New York plans to revive a congestion mitigation charge for driving in Manhattan that the state indefinitely put on hold in ...
16h
on MSN
Amtrak Service Disrupted After Fire on New York City Route
Service between New York and New Haven, Connecticut, remained suspended on Wednesday due to a fire the day before.
1d
Why ‘Affordable Housing’ in New York City Can Still Cost $3,500 a Month
Soaring rents and few options have made it hard for average people to live in the city. Even “affordable” units often cost ...
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