The hefty one-time payments, known as broker fees, are ubiquitous in New York but nearly unheard of anywhere else. In most other cities, landlords cover the commission of agents working on their ...

A new law to eliminate broker fees for most NYC tenants is set to begin, with the Real Estate Board of New York attempting to ...

NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to ...

Currently, city renters are often on the hook to pay thousands of dollars in fees to brokers, even if they are hired by the landlord. The new bill would bar that practice, requiring whoever hires ...