Renters in New York City fight back against real estate broker fees

2 months ago 21

City is one of few in the US where tenants can be forced to pay fees, despite a landlord having hired the broker

A row is brewing in New York City between renters and real estate brokers, over who pays the thousands of dollars in fees when an apartment is rented.

On 12 June, lawmakers in New York met to discuss the Fairness in Apartment Rental Expenses act (Fare act), which would require the person who hires the broker to pay the broker fee.

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