After Trump’s Election, NYC Democrats Target Real Estate
New York progressives, debating a response to Trump’s win, are poised to pass the FARE Act, changing how rental brokers are paid.| The Real Deal
New York progressives, debating a response to Trump’s win, are poised to pass the FARE Act, changing how rental brokers are paid.| The Real Deal
The FARE Act is heading to a vote, but REBNY has pushed its own version of the broker fee bill.| The Real Deal
Council member Chi Ossé says his revised FARE Act is heading to a vote. Rental brokers say the bill is even worse than before.| The Real Deal
A rally is expected to draw 1,000 brokers ahead of a NY City Council hearing on the Fairness in Apartment Rental Expenses Act, or FARE.| The Real Deal
“Obscene” broker fees are really bargain from a financial standpoint when evaluating the long term return on investment.| The Real Deal
An agent for the Manhattan brokerage allegedly charged obscene fees for rent-stabilized rental units.| The Real Deal
Recent reports of brokers charging renters in excess of $10,000 have ignited state legislators to re-up a bill that would kill the practice.| The Real Deal
A Solil-owned unit on the Upper West Side rented for $1,725 per month, but broker Ari Wilford required a $20,000 broker fee.| The Real Deal
New York regulators’ guidance banning tenants from paying landlords’ broker fees was an “error,” a state judge ruled.| The Real Deal
New guidance from the Department of State says that rental agents representing New York landlords will be subject to discipline in tenants pay their broker fee.| The Real Deal
John Lawerence, executive manager of sales at Douglas Elliman, said he had closed three offices he managed to come to the rally.| The Real Deal
