Would Boston end broker fees for renters, now that New York City is about to?
New York City appears to getting rid of broker fees. In Boston, where 65-percent of residents rent, it's still an issue.
Tell us: Should Boston shift broker fees to landlords?
On Wednesday, the New York City Council approved a bill that would shift the financial burden of broker fees from renters to landlords.
Boston one of few cities in country that has tenants pay broker fees
As New York City ends the practice of landlords charging tenants for the broker fee, Boston remains one of the few cities left in the country where that's part of the deal. WBZ-TV's Brandon Truitt reports.
New York City Council approves bill shifting broker fees to landlords
There are many costs associated with living in an increasingly expensive New York City, but the broker fee might be the most detested one. Moving into an apartment in the city can easily cost more than $10,
Moving to New York City cost us $10K in fees. Those fees are now banned
New York is one of two cities that requires renters to pay for these services; the other is Boston. Typically, such broker fees range from 10% to 15% of a tenant’s annual rent; in a city where the average monthly rent is currently $3,898 per month, renters often must pay several thousand dollars just to move.
New York City now requires landlords to pay broker fees. Should Boston do the same?
Renting in Boston is expensive, and some are looking to New York’s recent model for relief. The New York City Council voted this week to ban broker fees for tenants, shifting the financial burden to landlords.
Brownstoner2d
Bill to End Forced Rental Broker Fees Goes to Council Vote With Near Veto-Proof Support
who secured him an apartment for $2,250 per month with a broker fee of $2,500. New York City and Boston are the only U.S.
NYC Bans Tenant-Paid Broker Fees
Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under ...
NYC Council passes bill to end broker fees for tenants in veto-proof vote
The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the ...
The New York Skyline1d
NYC Council votes to end forced broker fees
The Council on Wednesday approved the revised FARE Act, shifting broker fees from tenants to the hiring party, typically ...
Crain's New York2d
City Council to ban forced broker fees in seismic change to rental market
The City Council considered a bill in 2019 that would have capped the fees at one month’s rent, but it stalled after brokers ...