Could Broker Fees Be on the Way Out for Renters?
Publisher |
WNYC Studios
Media Type |
audio
Categories Via RSS |
Daily News
News
News Commentary
Politics
Publication Date |
Jun 13, 2024
Episode Duration |
00:24:02

New York City Councilmember Chi Ossé is pushing legislation that would change how broker fees work, largely eliminating the cost for renters. David Brand, housing reporter for WNYC/Gothamist, explains how the FARE Act would work, and whether the bill has a chance of passing and CM Ossé weighs in, along with a tenant, a landlord and a broker on the phones.

David Brand explains the FARE Act to require brokers' fees be paid by whoever hires them: how it would work, and whether the bill has a chance of passing.

New York City Councilmember Chi Ossé is pushing legislation that would change how broker fees work, largely eliminating the cost for renters. David Brand, housing reporter for WNYC/Gothamist, explains how the FARE Act would work, and whether the bill has a chance of passing and CM Ossé weighs in, along with a tenant, a landlord and a broker on the phones.

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