Renters in New York City fight back against real estate broker fees | New York

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A row is brewing in New York City between renters and real estate brokers, over who pays the thousands of dollars in fees when an apartment is rented.On 12 June, lawmakers in New York met to discuss the Fairness in Apartment Rental Expenses act (Fare act), which would require the person who hires the broker to pay the broker fee.It prompted an unlikely protest: hundreds of brokers from some of the biggest housing companies in the US taking to the streets to argue against a bill that would mean renters no longer pay thousands of dollars in fees.New York City is one of the few cities in the…



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