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,

Under the bill, whoever hires the broker would have to pay them. In most cases, that would be the landlord. The broker fee, as we know it, would end. There is a 30-day window for the mayor to sign the F.A.R.E. Act into law. If he doesn't, it still becomes ...

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.