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NYC Council passes bill to end broker fees for tenants
NYC Council passes bill to end broker fees for tenants in veto-proof vote
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.
Should NYC landlords cover broker fees? Here's what the City Council is voting on today.
A bill to have NYC landlords pay for broker fees, instead of tenants, is up for a vote before the New York City Council.
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.
1h
Brush fire in NYC sends heavy smoke over Manhattan skyline
The FDNY responded to a brush fire in Inwood Hill Park, Manhattan, that began around 3 p.m. The fire spread rapidly, sending ...
1h
on MSN
Gov. Kathy Hochul to make NYC congestion pricing announcement Thursday
Gov. Kathy Hochul is set to make an announcement Thursday about congestion pricing in New York City, her office said. "Gov.
2h
on MSN
Man dies after being hit in head with glass bottle in NYC: police
A man died days after he was struck over the head with a glass bottle during an assault in New York City, police said ...
10h
NYC sues all-male massage parlor it claims offers ‘happy endings’ — using anti-peep show strategy
The city is suing to close down 28 Men’s Spa on the West Side, claiming in court documents filed Wednesday that the spa’s ...
New York Daily News
5h
NYC Council bars landlords from passing broker fees onto tenants in face of Adams’ skepticism
The City Council voted overwhelmingly Wednesday to pass a bill banning landlords from forcing tenants to pay broker fees, ...
Bloomberg L.P.
11h
NYC Finances Face $8 Billion Risk From Trump, Comptroller Warns
President-elect Donald Trump could jeopardize $7.9 billion in federal aid to New York City, posing “grave risks” to the ...
8h
on MSN
Gov. Hochul to relaunch controversial NYC congestion pricing with $9 base toll: sources
Hochul’s congestion pricing revamp – which was confirmed by multiple sources – would lower the $15 toll on cars entering ...
8h
on MSN
NYC Mayor Adams spotted at same event as Turkish businessman who reportedly could testify against him
According to his indictment, Adams met with “Businessman #3” — identified by LA Magazine as Sezgin Baran Korkmaz – in January ...
15h
on MSN
NYC drought warning expected soon: What it could mean for New Yorkers
The historic stretch of dry weather in New York City has put the area under a drought watch, but how long until it becomes a ...
Yahoo
7h
NYC’s media mogul hangout Michael’s toasts 35th anniversary: ‘It’s all about evolution’
My first lunch at Michael’s was in 1995. Playboy magazine had flown me in from Moscow where I had snagged an exclusive ...
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