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NYC Council Asks: Who Should Pay the Broker Fee? - Vimarsana News

NYC Council Asks: Who Should Pay the Broker Fee?

Hundreds of tenants and rental brokers descended on City Hall Wednesday to debate legislation that would stop landlords from passing broker fees onto tenants.

NYC considers ending broker fees for tenants, angering real estate industry - Vimarsana News

NYC considers ending broker fees for tenants, angering real estate industry

A proposal seeking to eliminate a hefty price tag for New York City renters is drawing fierce opposition from the real estate industry. Currently, city renters are often on the

War of words breaks out at NYC Council hearing on broker-fee bill - Vimarsana News

War of words breaks out at NYC Council hearing on broker-fee bill

The issue of real estate broker fees came to a head at a heated City Council hearing on Wednesday, when hundreds showed up to testify both for and against a bill that would essentially shift the burden of paying the dreaded fees to landlords.

Proposal to end broker fees angers real estate industry - Vimarsana News

Proposal to end broker fees angers real estate industry

It's a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to a real estate broker, even if that person was hired by the landlord.

NYC Considers Ending Broker Fees for Tenants, Angering Real Estate Industry - Vimarsana News

NYC Considers Ending Broker Fees for Tenants, Angering Real Estate Industry

A proposal seeking to eliminate a hefty price tag for New York City renters is drawing fierce opposition from the real estate industry.

Source: wktv.com