New York City Renters No Longer Have To Pay Broker Fees

3

Tenants will no longer be forced to pay a broker’s fee when renting an apartment in New York City, a report said Wednesday.

The ruling — which was made on Friday and went into effect Wednesday — came as a welcome reprieve for city residents who have been forced to plunk down broker costs in addition to a security deposit and first month’s rent, according to The Wall Street Journal.

New York is one of a few cities in the US where residents are charged a fee to rent an apartment. The move is the latest push in creating more favorable rules for tenants.

Read more at THE NY POST.

{Matzav.com}

3 COMMENTS

  1. Someone has to pay the broker. If renters don’t have to pay the broker fees, then that payment by the landlord, will likely get passed along to the tenants in the form of higher rents.

  2. Most New Yorkers are so stupid that they vote for DemocRATs who put fees on everything including the roads they ride on. Hey, New Yorkers! It’s not normal to pay lots of money for tolls. Most of the tolls and fees that New Yorkers pay are only because stupid people elected crooked politicians who will try to tax you any way they can and New Yorkers are too dumb to realize it. Just pay the toll! Just keep voting for DemocRATs. It makes no sense. Oilom Goylom.

LEAVE A REPLY

Please enter your comment!
Please enter your name here