fromGothamist
5 days agoNYC tenants filed hundreds of complaints about forced broker fees since they were banned
Prior to June, New York City renters were often charged a hefty fee, equal to a month's rent or more, to a broker before signing a lease on a new apartment, even if they found the unit by themselves without any help. That changed after enforcement of the Fairness in Apartment Rental Expenses, or FARE, Act began June 11. The new measure requires whoever hires the broker to pay their fee and to disclose all upfront costs.
New York City