FILE – A new building sits between two older-style buildings in the East Harlem section of New York, Feb. 3, 2015. Legislation backed by a majority of the New York City Council would require landlords who hire brokers to pay their broker fees, marking a potential sea change in one of the country’s most expensive housing markets.
New York City 3 hours ago

No more forced broker fees: NYC bill becomes law, takes effect in 6 months

Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers. That was true even if that person was hired by the landlord. But a new bil...

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