New York City appears to getting rid of broker fees. In Boston, where 65-percent of residents rent, it's still an issue.
In the Greater Boston area, the broker’s fee is usually an entire month’s rent. According to Zumper, the average cost of a ...
On Wednesday, the New York City Council approved a bill that would shift the financial burden of broker fees from renters to ...
As New York City ends the practice of landlords charging tenants for the broker fee, Boston remains one of the few cities ...
Apartment hunters in New York City got good news on Wednesday when the City Council there passed a bill that would largely ...
He decided to hire a broker himself, who secured him an apartment for $2,250 per month with a broker fee of $2,500. New York ...
The Council on Wednesday approved the revised FARE Act, shifting broker fees from tenants to the hiring party, typically ...
If you don’t have that cash on hand, you can’t move.) In a City Council hearing on a bill introduced to ban New York’s broker ...
Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under ...
The City Council considered a bill in 2019 that would have capped the fees at one month’s rent, but it stalled after brokers ...
“But this is it, we’re going to win,” he added, saying “you’ll never have to pay a broker fee again.” The office of Council Speaker Adrienne Adams, who determines whether a bill ...
In San Francisco, for instance, the broker often receives half of the first month’s rent as a commission. In most cases, the landlord pays the fee. In Boston, a broker’s fee is often equal to ...