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 delay its implementation through a court challenge.

NYC Considers Ending Broker Fees for Tenants, Angering Real Estate Industry NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a ...

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 ...