REBNY sues to block new NYC broker fee law

… real estate trade association filed a lawsuit on Monday to block the FARE Act from taking effect in midJune Just days after the Fairness in Apartment Rental Expenses Act became a law the Real Estate Board of … is not the first time REBNY has sued to block changes to how broker fees are regulated The organization successfully …

By Celia Young |December 17, 2024 - 10:45AM
Broker fee bill passes with strong support in NYC Council vote

… landlord who hires a rental agent to pay for their services passed in a longawaited New York City Council vote this afternoon The FARE Act introduced by City Council member Chi Ossé eliminates a major financial hurdle for many … Yorkers came out in support of the bill including Council member Keith Powers who previously tried and failed to …

By Celia Young |November 13, 2024 - 3:30PM