The law mostly shifts fees from tenants to landlords. But since it took effect, some landlords have raised rents, and tenants ...

The FARE act, which says that whoever enlisted a broker’s help would pay the fee, has had a mixed impact so far.

A month after the FARE Act restricted forced broker fees, the city is investigating 562 complaints and questions from renters.  The law took effect June 11, barring landlords from passing their ...

The law will officially take effect 180 days from Saturday – in June 2025. What is New York City's FARE Act? Under the new law, the person who hires a broker will have to pay the fee, meaning ...

New guidance from the New York Department of State says landlords now have to pay broker fees, which can be up to 15% of an annual lease. The change is a revision to a sweeping rent reform law ...

Where there’s a will, there’s a way — and there’s certainly a will to evade New York City’s imminent broker fee law. As for the way, finding it might not be difficult.

Supporters said the law guarantees that renters who did not hire a broker are not forced to pay the broker’s fee, as is often the case in New York. REBNY, which represents city brokers, also ...

Hundreds of real estate brokers were spilling off the sidewalk and into the street around New York City Hall. “There will be more,” broker Graig Linn assured me, venti iced Starbucks coffee in ...

Some in Massachusetts argue the new rules will have little to no effect, while others predict landlords will raise rents.