New York City November 13, 2024 9:15 pm

New York City Council votes to shift payment of broker fees from tenants to landlords

The New York City Council voted to shift the responsibility of paying hefty broker fees from tenants to whomever hires the broker. Supporters have said the move would save renters thousands of dollars up front, but critics maintain it will only end up pushing rents up even higher. NBC New York’s Rana Novini reports.

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